Webb warns even IFAs can't understand state pension

The DWP says the forecasts "do not give straight advice" and are "hard to understand". It also claims civil servants themselves struggle to understand the complex state pension system. Webb says civil servants "can't properly calculate what people are likely to receive" in terms of state pension and disability and carer's allowance. The DWP says the forecasts may suggest to people they will be better off than in reality, the Daily Mail reports. "Officials tell me that they find it difficult to figure out how much someone approaching retirement will get from the State," says Webb. ...