Voluntary NICs could help top up state pensions for 500,000 - Royal London

Heavily-subsidised opportunity under new State Pension

Hannah Godfrey
Voluntary NICs could help top up state pensions for 500,000 - Royal London

Half a million workers retiring before state pension age will have the chance to top up their state pension at "bargain-basement rates" over the next five years, according to Royal London.

The group says this can be achieved by paying heavily-subsidised voluntary National Insurance contributions for the years between the date a person retires and the date they reach state pension age...

To continue reading this article...

Join Professional Adviser


  • 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.



Already a Professional Adviser member?


More on Pensions

Curtis Banks chief executive Will Self steps down

Curtis Banks chief executive steps down

With immediate effect

Jenna Brown
clock 09 August 2022 • 1 min read
Nicola Parish: “Our new scams combat plan sets out to make savers aware of the risk of scams"

Cost of living exposing savers to more scams, TPR warns

TPR scams strategy

Hope William-Smith
clock 03 August 2022 • 2 min read
Jessica List: "I wonder if a full overhaul isn't the best solution to fixing the challenges with the current tax relief system."

Jessica List: Is tax relief reform consensus actually possible?

We have a problem...

Jessica List
clock 01 August 2022 • 4 min read