We're pleased to bring you this useful information on UK state pensions from our
Saltire Sponsor AAM Advisory!
Despite the arrival of a new state pension, we still have the old one running alongside it, and the added complexity this brings.
For many people, the state pension is the bedrock on which private pension provision is built. How to qualify, how much it will be and at what age you can expect to get it are all factors that must be considered.
Uncertainty also exists around the timing of future state pension age increases and what impact this will have on your private pension planning.
There are many myths and misconceptions about the UK state pension rules, such as; - You must retire before you can get your state pension
- You can get “early retirement“ reduced-rate state pension between age 55 and your normal SPA
These myths and more need to be corrected. Here are 10 of the biggest.