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 …
Ros Altmann outlines her priorities
New pensions minister Ros Altmann outlines her priorities in the role, including safeguarding the retirement ‘freedoms’ that were introduced last month. Altmann said she aimed to “protect the pensioners of today and tomorrow” as she was welcomed into the Department for Work & Pensions. She said her priorities were to “take forward work to bring in the new State Pension, help …