As the population of the UK continues to live longer, more and more people are now claiming a pension. The most common remains the state pension, designed to give people a regular retirement income ...
The service can now estimate whether tax is due on pension income and how much someone may need to pay this year.
Brits are being encouraged to check their pension eligibility as they near retirement. This is especially important given that the State Pension age is progressively rising to 67 between now and 2028.
What Should You Check Before Retiring? Planning around a fixed retirement date has become harder for anyone approaching their ...
Some people may not be aware of benefits or payments which can no longer be claimed after reaching retirement age.
The type of State Pension a person receives depends on their date of birth - men born before April 6, 1951 and women born ...