DWP pension forecasting service down until 2008

The department has begun to update its BR19 state pension forecasts to comply with changes made by the Pensions Act 2007. The DWP expects to complete the full systems for Great Britain and Northern Ireland by autumn next year. Savers calculating the value of their state pension normally need only complete the DWP’s BR19 form. The department then posts details of the pension’s value. Steve Bee, head of pensions strategy at Scottish Life, says on his website BeeHive: “I don’t know about you, but most people I know wouldn’t have a clue how to go about calculating their state pension entitle...