Universal state pension to be 'at least £155'

The flat-rate pension could be worth at least £155 for new pensioners, the BBC reports. This would also be higher than the figure of £140 mooted by Chancellor George Osborne in last week's Budget. Detailed plans are expected to be published next week outlining how the system would be introduced. The current full state pension is £97.65 a week for men and women, but is topped up to ensure a minimum income of £132.60. A minimum income guarantee also ensures couples get £202.40 a week through the means-tested pensions credit. Hargreaves Lansdown's Laith Khalaf told the Telegraph...