Queen confirms Pensions Bill reading

In her annual speech before the state opening of parliament, the monarch said the government "will bring forward legislation to create a simpler state pension system that encourages saving and provides more help to those who have spent years caring for children". It is expected to include a proposal to raise the state pension age to 67, as well as a single-tier pension of £144 per week, replacing a £107 payment plus mean-tested top-ups. A review of long term care will also be read in the next parliament, following recommendations outlined by the Dilnot Comissiion. Legislation will ...