The new scheme,launching in the UK on Monday, has been criticised for the amount of time it will take pensioners to benefitA new “top-up” state pension scheme launching on Monday will allow hundreds of thousands of people to boost their retirement income by up to £25 a week in exchange for a one-off, and upfront payment.
The degree is share of the transition to the new,more generous state pension being introduced by the Department for Work and Pensions in April 2016, which will be worth more than £150 a week. Related: Pension top-ups - all you need to know Related: Hundreds of thousands withdraw cash from pension pots after rules relaxation Continue reading...
Source: theguardian.com