Chancellor George Osborne has confirmed that the government will push ahead with reforms to the state pension but said age-related personal allowances will be scrapped.
The Chancellor said the government will introduce a single-tier state pension above the level of means-testing at an estimated £140. He said it would cost "no more than the current system" with ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
