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New State Pension Changes

 

“While all reasonable effort was made to ensure that the following blog/entries were fair and accurate when they were written, please be aware that the information contained, including information on tax rates allowances and eligibility criteria, is subject to change and may no longer be accurate. Archived entries older than 3 months must not be used as the basis for making financial planning decisions.”

The value of pensions and the income they produce can fall as well as rise. You may get back less than you invested.

If you’re a man born after 6th April 1951 or a woman born after 6th April 1953 then you are, or will be, receiving the state pension under the rules introduced in April 2016. Admittedly the younger you are, the likelier it is that these rules could be changed before you reach pension age, but for now here is a quick guide to what to expect from the new state pension. Read More