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A reader has not taken their state pension despite being 75 - they are wondering who can inherit the money if they ...
A financial planner raises some key considerations for navigating retirement with a pension and recommends four strategies.
but it’s generally accepted that it takes between 19 and 20 years from state pension age to break even if you defer, regardless of how many years you defer for. If you die before then, you could end ...
Learn the key differences between immediate and deferred annuities and how each may fit into your retirement strategy.
A deferred pension is when you delay claiming your private or workplace pension. It also refers to when you delay or stop taking your state pension payments in return for a higher future payment.
Earlier this month, Pensions Minister Torsten Bell confirmed the State Pension will not be means-tested in the future after ...
If you reached state pension age before April 2016 you could get an extra 10.4% for each year you defer, adding an extra £18.35 a week to the basic state pension of £176.45 (in 2025-26). Under the old ...
The head of the Public Safety Personnel Retirement System defends a deferred pension program that paid $944,287 to a retired Phoenix police executive.
My state pension, as of December 21 2017, was due to be £165.03 per week. I deferred my state pension for just over six years and started to receive £242.70 per week in April 2024. I understand that ...
So if you defer your state pension for a year and start taking it at 67, it will take you until 82 to recoup the £11,973 you missed out on in the first year. How many years can you defer the state ...