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No pensions and retirement not-planning
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thought every person of State Pension age got at least £110 per week?
Almost. nrsql has posted the figures. However, that is means tested and savings over £6000 reduce that figure down. Not all investments are included in that means test though.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Hi all, thanks for responses. I'm going to try to talk to them later today when I get DH safely re-parked back in hospital for surgery tomorrow (should have happened last week but the 'full kit of parts' was not available - don't ask).
Margaret[FONT=Times New Roman, serif]Æ[/FONT]r ic wisdom funde, [FONT=Times New Roman, serif]æ[/FONT]r wear[FONT=Times New Roman, serif]ð[/FONT] ic eald.
Before I found wisdom, I became old.0 -
I thought that the DWP contacted you automatically when you reached State Pension Retirement age.. surely he must of been contacted about this at 65yrs ? Also his wife if she is aged over 60yrs......#6 of the SKI-ers Club :j
"All that is necessary for evil to triumph is for good men to do nothing" Edmund Burke0 -
Andy_L wrote:Because they don't pay the employers contribution of 12.8%
Which will be great news for the self employed if a higher single state pension comes in at a later date.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
It was a proposal made along with a range of others. Its not happening at this stage but at one point Labour did have it down as a commitment. That is no longer the case but the various think tanks and reports continue to press for a single state pension.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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In the Pensions White Paper there is a plan to relink the state pension to earnings from 2012, but only if it's "affordable".
I'm not holding my breath.
However there are big benefits for women coming through shortly with a reduction in the NI years needed for the full state pension to 30, and various other changes which should boost the ability to claim. Should increase the number of women getting it after 2010 from 30% now to 70%. (87% of men get the full state pension already.)Trying to keep it simple...
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