HMRC blunder could rob millions of state pension

Laura Miller
clock •

Millions risk losing out on their state pension because they have not been credited with paying £1.2bn in National Insurance (NI).

  Figures seen by the Daily Mail suggest that between 2004 and 2009 some 9.3 million NI payments have not been matched to worker records.  The scandal is the latest to involve HMRC, following last year's crisis which left millions paying the wrong amount in tax. These latest mistakes could jeopardise victims' right to claim a full basic state pension, currently £97.65 a week, which is available only to those who have paid NI for at least 30 years. Particularly at risk is anyone who retired before last April. At that time only those with 44 years of contributions could claim a ful...

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

PA Awards 2027: Last chance - entries close at midnight tonight

PA Awards 2027: Last chance - entries close at midnight tonight

The 22nd Professional Adviser Awards will take place in London next March

Professional Adviser
clock 18 September 2026 • 1 min read
Multi-Asset and MPS Roadshow: Last chance to join PA in Harrogate or Warrington

Multi-Asset and MPS Roadshow: Last chance to join PA in Harrogate or Warrington

Hear from Aberdeen, Aviva Investors, Clever, Downing, Fidelity, Quilter Cheviot, Rathbones

Professional Adviser
clock 08 September 2026 • 1 min read
Two including former police officer charged in connection with £720,000 investment fraud

Two including former police officer charged in connection with £720,000 investment fraud

Due to appear at Westminster Magistrates’ Court

Sophia Panayi
clock 04 June 2026 • 1 min read