Mothers have missed out on more than £500m in state pension rights in the last three years because of changes to the rules around Child Benefit, according to research by Royal London.
The group's policy paper The Mothers Missing out on Millions showed the High Income Child Benefit Tax Charge introduced in 2013 meant families receiving child benefit where one parent earns more than £60,000...
'Necessary steps' taken
Penalty payments and enforcement policy
Fees as low as 0.04%
Client procurement costs ‘unsustainable’
Only 9,486 applied for the benefit in 12 months