Section A
News feed
Summary Funding Statement 2017 now available
08
Jun
2017
The Trustee has now published the Summary Funding Statement outlining the results of the 30 June 2016 actuarial interim assessment.
BT review of BTPS benefits
30
May
2017
BT have announced that they have commenced a review of the BT Pension Scheme (BTPS) benefits.
How much will your State Pension be?
18
May
2017
Reforms in April 2016 introduced the new State Pension. Most people reaching State Pension Age this year won’t be entitled to the full amount. How much will your State Pension be?
Snap general election halts decision to reduce MPAA
28
Apr
2017
Following the announcement of a general election, the Government is expediting the Finance (No 2) Bill before Parliament is dissolved on 3 May 2017.
State Pension
There is a new flat-rate (single-tier) State Pension that has been introduced which has replaced the basic State Pension and additional State Pension. The full new State Pension will initially be £155.65 per week. The amount will be based on your National Insurance contributions history and individual circumstances.
If you reached your State Pension Age before 6 April 2016, you will receive a benefit based on the Pre 6 April 2016 system.
Understanding your State Pension is an important part of planning for your retirement. If you want to find out more you can visit www.gov.uk/new-state-pension.