Basic state pension to rise to £119 per week

Autumn Statement boost for pensioners In Wednesday’s Autumn Statement, the Chancellor will announce the basic state pension will increase to £119.30 a week from April 2016. The BBC reported the basic state pension will get its biggest rise since 2001. The increase equates to 2.9% and will be worth £174.20 extra a year to someone on a full basic state …

Retirement ProfessionalsBasic state pension to rise to £119 per week