{"id":34108,"date":"2016-11-12T14:00:42","date_gmt":"2016-11-12T07:00:42","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/refusing-child-benefit-payments-could-see-new-mums-take-a-state-pension-hit\/"},"modified":"2016-11-12T14:09:08","modified_gmt":"2016-11-12T07:09:08","slug":"refusing-child-benefit-payments-could-see-new-mums-take-a-state-pension-hit","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/refusing-child-benefit-payments-could-see-new-mums-take-a-state-pension-hit\/","title":{"rendered":"Refusing child benefit payments could see new mums take a state pension hit"},"content":{"rendered":"


\nA failure to make an initial claim may see them lose \u00a35,000Tens of thousands of new mothers could each end up losing almost \u00a35,000 of state pension when they are older due to an unintended quirk in the rules surrounding child benefit, according to a former government minister.Steve Webb, ex-pensions minister, said the women, currently totalling around 50,000 but with the number rising every year, may have lost out on more than half a billion pounds in state pension rights over the past three years as a result of a wider clampdown on entitlement to child benefit. Webb makes the claim in a new report published by mutual insurer Royal London, which concludes that urgent action needs to be taken to deal with this problem \u201cbefore a whole generation of women reach pension age with incomplete pension records\u201d. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Refusing child benefit payments could see new mums take a state pension hit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A failure to make an initial claim may see them lose \u00a35,000Tens of thousands of...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-34108","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-8S8","jetpack-related-posts":[{"id":65928,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-your-pension-pot-can-help-claw-back-lost-child-benefit\/","url_meta":{"origin":34108,"position":0},"title":"How your pension pot can help claw back lost child benefit","date":"September 9, 2017","format":false,"excerpt":"\r Earn between \u00a350,000 and \u00a360,000? By making a simple tax change you can legally save up to \u00a31,789 a yearThousands of families are failing to take advantage of a little-known quirk in the tax rules which means that paying more into your pension gives you more child benefit.Steve Webb,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9216,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/poorer-state-pensions-for-the-millions-advised-to-stay-contracted-in\/","url_meta":{"origin":34108,"position":1},"title":"Poorer state pensions for the millions advised to stay contracted in","date":"February 10, 2014","format":false,"excerpt":"\r If you contracted back in to the state second pension you could be hundreds of pounds the poorer when the new single-tier pension comes inThe state pension is changing, and both pensions minister Steve Webb and David Cameron are winners \u2013 but millions who didn't contract out of the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41098,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/grandparents-miss-out-on-tax-credits-that-could-boost-state-pension\/","url_meta":{"origin":34108,"position":2},"title":"Grandparents miss out on tax credits that could boost state pension","date":"January 18, 2017","format":false,"excerpt":"\r Little-known scheme could put thousands of pounds back into pensions of grandparents who take time off work to look after grandchildren under 12As many as 100,000 grandparents are missing out on national insurance credits that could boost their state pension by thousands of pounds over the course of their\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12076,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ex-pensions-minister-is-still-worrying-about-pensions-we-should-too\/","url_meta":{"origin":34108,"position":3},"title":"Ex-pensions minister is still worrying about pensions. We should too","date":"May 7, 2016","format":false,"excerpt":"\r Ten million people will find their retirement payout isn\u2019t adequate. Steve Webb has an idea that may fix the biggest issue facing pension savers in BritainI met up with Steve Webb this week, the highly regarded pensions minister in the coalition government for five years until he lost his\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36182,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-age-may-be-about-to-rise-again-says-former-minister\/","url_meta":{"origin":34108,"position":4},"title":"Pension age may be about to rise again, says former minister","date":"November 28, 2016","format":false,"excerpt":"\r Steve Webb says government considering faster timetable for higher state pension age of 70, affecting millions of workersThe government may be preparing to increase the official state pension age to 70 for millions of people currently in their 20s, a former minister has claimed.Steve Webb said documents produced by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36254,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/basically-a-huge-tax-increase-readers-on-proposed-pension-age-rise\/","url_meta":{"origin":34108,"position":5},"title":"'Basically a huge tax increase': readers on proposed pension age rise","date":"November 28, 2016","format":false,"excerpt":"\r Former pensions minister Steve Webb says the government is considering raising pension age sooner than previously planned. We follow your reactionTens of millions of workers under the age of 55 could be affected by changes to pension age sooner than previously planned, according to a former minister.Steve Webb, pensions\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/34108"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=34108"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/34108\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=34108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=34108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=34108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}