pension / 2 posts found
Green light for pension dashboards
The government has given the green light to allow pension providers to create user-friendly services that display pension information for individuals on-line. Savers will be in the driving seat with all the facts and figures about their pensions and potential retirement income at their fingertips in one place for the first time - on smartphones, tablets and computers. Work and Pensions Secretary Amber Rudd said: With record numbers saving for retirement as a result of our revolutionary reforms, it’s more important than ever that people understand their pensions and prepare for financial security in later life. [...]
Receiving your State Pension if you live abroad
If you are about to move abroad and are already receiving a State Pension in the UK, you might like to read this article setting out some of the issues you will need to consider. If you live part of the year abroad You must choose which country you want your pension to be paid in. You cannot be paid in one country for part of the year and another for the rest of the year. Bank accounts your pension can be paid into Your State Pension can be paid into: a bank in the country you’re living in [...]