People within ten years of their state retirement age will be targeted in a new communication campaign from the Department for Work and Pensions launched to better explain state pension changes.
Pensions minister Ros Altmann launched the new communication drive ahead of massive changes to the state pension in April 2016. The new state pension will be a flat-rate weekly payment based on the number and type of National Insurance contributions made. Altmann said: "Huge efforts have been put into reforming the mind-blowingly complicated state pension system that exists today into something that, over time, will be clearer and fairer for everybody. "But the job of explaining to people how the reforms will affect them hasn't been done well enough. "People need to understand, ...
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