Retirement Planner's round up of the week's key pension stories
Flat rate state pension will slash pensioner poverty says think tank Introducing a flat-rate state pension of around £140 per week will cut the number of pensioners living below the poverty line, the Pensions Policy Institute (PPI) said. The plans to reform the state pension, announced earlier this year, could cut pensioners living in poverty from 16% of all pensioners, as it was in 2009, to 10% by 2025, the PPI said. In its latest report, The implications of Government policy for future levels of pensioner poverty, the think tank said pensioner poverty has been falling since 1989, w...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes