Budget 2013: Osborne confirms single tier state pension will go ahead in 2016

clock

The government will implement the single tier state pension a year earlier than planned in 2016, Chancellor George Osborne has confirmed.

On Tuesday pensions minister Steve Webb confirmed the single tier state pension will be implemented in 2016, rather than 2017 as previously planned, bringing the subsequent end of contracting out f...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Trust in pensions is 'too low', pensions minister Torsten Bell says

Trust in pensions is 'too low', pensions minister Torsten Bell says

Minister confirmed to conference delegates retirement CDC ‘will happen this year’

Holly Roach
clock 11 March 2026 • 1 min read
L&G expects PRT volumes to hit £50bn in 2026, with increase in large deals

L&G expects PRT volumes to hit £50bn in 2026, with increase in large deals

Insurer’s results reveal £10.4bn of PRT business in 2025 and growth in DC

Jonathan Stapleton
clock 11 March 2026 • 2 min read
Aviva launches financial wellbeing tool for pension savers

Aviva launches financial wellbeing tool for pension savers

Tool will provide savers with tailored action plan to boost financial confidence

Martin Richmond
clock 11 March 2026 • 1 min read
Trustpilot