State Pensions
The latest news, updates and opinions on State Pensions from the expert team here at MoneyWeek
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Radical reforms to state pension age and guaranteed payouts proposed
The state pension age should rise by one year every decade “for the foreseeable future” to make the payments more affordable, former pensions minister Steve Webb has suggested
By Laura Miller Published
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UK state pension is least generous in the G7 – how do other rich countries compare?
British retirees get substantially less in state pension than in other wealthy nations, and for fewer years, but the balance is a lower tax burden on working age people
By Laura Miller Published
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What is the state pension age and when will you get yours?
Significant differences in life expectancy across the UK mean people in some areas will receive far fewer state pension payments than others, according to new research. We look at when the age is next scheduled to go up, and whether people could have to wait until their 70s, or even 80th birthday, to claim their state pension
By Ruth Emery Last updated
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State pension to rise 4.8% in April under triple lock
The full new state pension is set to reach £12,548 a year, reflecting the 4.8% wage growth measured under the triple lock. The bumper boost will raise questions about fairness and sustainability, while more pensioners could be hit with a tax bill
By Ruth Emery Published
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Should state pension age rise to 70? Have your say in government review
The state pension age review will consider the “merits” of automatic increases tied to life expectancy. If you want to give your view, you’ll need to be quick, as the deadline is looming
By Ruth Emery Last updated
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State pension could rise by 4.8% next year – triggering pensioner tax for first time
Frozen income tax thresholds are on a collision course with the state pension increases, dragging more pensioners into paying tax
By Laura Miller Last updated
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Average Brits want to retire five years before they can – who has the widest retirement gap?
Brits are expecting to work for longer than ever but there are big disparities in the number of extra working years predicted. A small tweak could help close the gap
By Laura Miller Published
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Millions of state pension records ‘set to be deleted’ – putting thousands at risk of never getting their money
Thousands of families could miss out on money owed to them if the government deletes historic state pension records.
By Laura Miller Published
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State pension age rises hurt this group the most – should we be working longer?
The government wants us working longer to boost the economy and reduce the state pension bill – but previous increases in state pension age have not been felt equally
By Laura Miller Published
