IFA Magazine

Thousands delay claiming State Pension to get higher payouts, Royal London analysis

Almost 42,000 people (41,938) claimed a previously deferred State Pension in 2023/24, receiving higher weekly payments for ...
inews.co.uk on MSN

I regret deferring my state pension – it left me with a tax bill

Pat from Rochdale, a part-time exam invigilator, deferred it for 13 months ...

Here’s why people are delaying claiming the state pension – and the risks involved

You can get almost 6% more in state pension if you hold off claiming it – but it takes a long time to earn it back ...

Thousands of Brits warned state pension ‘mistake’ could cost them £12k a year

Deferring claiming the State Pension at 66 can be financially beneficial for some people, but it comes with a catch, an ...
Professional Adviser

State pension deferrals: 42,000 who postponed took benefit in 2023/24

Just under 42,000 people who had previously delayed taking their state pension took up the benefit option in 2023/24, ...
Pensions Expert

Ombudsman’s Royal Mail decision opens up Pandora’s box

The Pensions Ombudsman has upheld a complaint against the Royal Mail Statutory Pension Scheme for refusing to pay a deferred pension, providing a salutary lesson for employers who fail to keep ...
MoneyWeek on MSN

Should you defer your state pension and stay in work?

You could boost your state pension by hundreds or thousands of pounds by deferring it if you don’t need the income right now. We look at how it works, and the pros and cons ...