The government has unveiled a plan to allow those who have reached 65, or who will do so before April 2016, to increase their basic weekly state pension (SP) by up to around £25 per week.
The Daily Mail has calculated that for every £900 they pay, their weekly SP will increase by £1. But the DWP has yet to set the final figure. The lucky winners can pay up to £25,000 to Osborne. ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
