| UPDATED: 14:59, Wed, Feb 3, 2021
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There are slightly different rules regarding the National Insurance exemption from state pension age, depending on whether a person is employed or self-employed. People who are employed, for instance, stop paying Class 1 National Insurance when they reach state pension age.
| UPDATED: 15:22, Tue, Jan 26, 2021
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Both the basic and the new state pension rates will go up in April this year by 2.5 percent. This is thanks to the triple lock, a mechanism which sees the UK state pension rise annually by whichever is the highest out of the average percentage growth in wages in Great Britain, the the percentage growth in prices in the UK as measured by the Consumer Prices Index (CPI), and 2.5 percent.
Trao hơn 2 000 suất quà, vé ô tô miễn phí cho công nhân về quê ăn Tết hanoimoi.com.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hanoimoi.com.vn Daily Mail and Mail on Sunday newspapers.
| UPDATED: 22:10, Tue, Jan 12, 2021
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Pension saving is an endeavour undertaken by millions of people as they progress towards their eventual retirement. However, the routes people choose to take are likely to differ, with some choosing an annuity over a drawdown, dependent on what they are hoping to achieve out of later life. But there are reforms which are incoming, likely to affect Britons who have a drawdown arrangement.
STATE PENSION payments were understandably not the most talked about aspect of the Brexit negotiations between the European Union (EU) and the United Kingdom (UK), however, for some not yet state pension age, the trade deal will be welcome news .