Five things you didn't know about the state pension

clock

Think you know the notoriously complicated state pension system? Check out these facts to test your knowledge.

1) If the link between pensions and earnings had not been broken in 1980, the National Pensioner Convention calculates that the current basic state pension would be £161.30 per week today, instead of £97.65 per week. 2) The government plans to set the universal state pension at £140 or even £155 per week, but this is still under the DWP's official poverty line of £178 per week. 3) The current system is so complicated partly because there are currently more than 30 different pensioner benefits that can be claimed on top of the basic state pension. These include a Christmas bonus, help ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Titan Wealth inks Harlequins partnership

Titan Wealth inks Harlequins partnership

Becomes wealth management and women’s partner

Jen Frost
clock 03 October 2025 • 2 min read
Scotland Investment Roadshow 2025: Join PA in Edinburgh and Glasgow next week

Scotland Investment Roadshow 2025: Join PA in Edinburgh and Glasgow next week

The Scotland Investment Roadshow kicks off next week

Professional Adviser
clock 19 September 2025 • 1 min read
Scotland Investment Roadshow 2025: Join PA in Edinburgh and Glasgow next week

Scotland Investment Roadshow 2025: Join PA in Edinburgh and Glasgow next week

The Scotland Investment Roadshow kicks off next week

Professional Adviser
clock 16 September 2025 • 1 min read