State Pensions
The latest news, updates and opinions on State Pensions from the expert team here at MoneyWeek
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Steve Webb: MoneyWeek TalksPodcast Sir Steve Webb spoke to Kalpana Fitzpatrick on the MoneyWeek Talks podcast – about the triple lock and using pensions for property.
By Kalpana Fitzpatrick Published
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26 million Brits at risk of retirement shortfall if state pension triple lock were to be scrappedCurrent projections of pensioner poverty assume the state pension triple lock will be in place for the next 50 years. Critics say this is unlikely and revised figures showing pension undersaving among millions more people give a truer picture of the crisis
By Laura Miller Published
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1 million pensioners relying solely on state pension face £1.4k shortfallThe shortfall between the ‘minimum’ required for Pensions UK’s basic Retirement Living Standards and the full new state pension will be thrust into the spotlight on Saturday
By Laura Miller Published
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Radical reforms to state pension age and guaranteed payouts proposedThe 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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State pension to rise 4.8% in April under triple lockThe 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 reviewThe 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 timeFrozen 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
