state pension

There is "no overriding reason" why a merger of national insurance (NI) and income tax should not go ahead, an actuary says.

The Organisation for Economic Co-operation and Development (OECD) today recommends the UK government further increases the state pension age (SPA) to combat rising costs.

A House of Lords committee yesterday dropped an amendment to the Pensions Bill that would have created protection for transgender people against unfair state pension calculations.

The anticipated £140 flat-rate state pension will be equivalent to a private pension pot of £217,000, MetLife says.

Work and Pensions Secretary Iain Duncan Smith will announce today the government is ready to reform the state pension to a flat-rate payment.

The DWP is on the verge of announcing its plans for a new state pension system, Ros Altmann, director general of Saga says.

State pension forecasts sent out to people approaching retirement are so complicated even financial advisers do not understand them, pensions minister Steve Webb says.

Pensioners have been unfairly insulated from government spending cuts and £16bn could be saved if their benefits are reduced, a think- tank says.

The government has claimed people on an average income reaching the state retirement age this year will gain £10,000 through their state pensions as a result of recent changes.

Now just hold on a minute, has the coalition actually done rather a good job with pension reform so far?