'Simpler' or 'not enough'? The verdict on the new flat-rate state pension

But will the new single-tier offering really be superior to the existing system, which has been labelled as "horrendously complex"? The government is sure it will. "The implementation of the single-tier pension will significantly simplify the pension system, helping people to understand what they will get from the state when they retire," it said. By its calculations, by the mid-2030s, over 80% of people will receive the full weekly amount of single-tier pension, "narrowing the range of pension outcomes in comparison to the current system and improving certainty". Saga director-gen...