The European Court of Justice has ruled in favour of a transgender woman who was denied access to her pension.
The Government Actuary is suggesting a 5% rise in National Insurance by 2032 to prevent a deficit in the National Insurance Fund used to pay out state pensions, a possibility based on the latest Government Actuary Department projections.
Former pensions minister Sir Steve Webb has warned that Labour Party plans for reduced state pensions from 64 “face serious practical obstacles.”
The Adam Smith Institute says the move to raise the state pension age to 68 earlier than planned fails to go far enough.
A report on the pensions awareness of Britain’s under-35s has exposed widespread ignorance of the pensions freedoms, two years on from the changes.
In the six months after the launch of the new State Pension in April more than 1.5 million personal State Pension forecasts were issued, says the Department for Work and Pensions.
A pensions analyst has branded a major Government report on fairness and affordability of the state pension ‘underwhelming’.
MPs will this afternoon debate claims that retirement plans “have been shattered with devastating consequences” due to transitional state pension arrangements.
The basic State Pension will rise by more than it has done for 15 years in real terms in 2016, the Chancellor has said this afternoon.
Workplace pensions lead the way when it comes to what working age adults see as their primary source of money for their retirement.
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