Pension benefits reduced by lack of info - DWP research

A qualitative study of financial planning and incomes at retirement, as part of the Department for Work and Pensions’ Working After State Pensions Age report, reveals many pensioners have not retired with the pensions they would like to have acquired because the payments required were too high, they had a lack of information about State benefits and NI top-up options. That said, some of those problems could have been rectified if “Third Age” individuals had they known they could set aside extra funds or pay extra NI contributions. “Several of the women interviewed had paid reduced rat...