The Flat-Rate Pension Scheme and Your Business – are You Ready for It?
It looks like the UK pension is about to get a real shake-up.
There are plans for a new, flat-rate pension to make an appearance by April 2017 that could be beneficial to anybody retiring after that date.
What’s changing?
At present, the full state pension comes in at £107.45 a week, but with pension credit it can be increase to £142.70.
Under the new flat-rate pension proposal, the pension payment will be £144. There will also be inflation rises applied on top of that sum.…