{"id":9214,"date":"2013-01-14T23:44:49","date_gmt":"2013-01-14T16:44:49","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/single-tier-pension-qa-what-the-state-pension-changes-mean-to-you\/"},"modified":"2016-03-27T11:21:58","modified_gmt":"2016-03-27T04:21:58","slug":"single-tier-pension-qa-what-the-state-pension-changes-mean-to-you","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/single-tier-pension-qa-what-the-state-pension-changes-mean-to-you\/","title":{"rendered":"Single-tier pension Q&A: what the state pension changes mean to you"},"content":{"rendered":"


\nThe government has announced plans to simplify the state pension by introducing a single-tier system. Who are the winners and losers?The government has confirmed its plan to launch a single-tier state pension. The long-awaited changes will see everyone entitled to a standard rate of \u00a3144 a week in today’s terms, as long as they have built up enough national insurance contributions, and will do away with the second state pension and contracting out.Alongside the single-tier pension will come increases in the state retirement age. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Single-tier pension Q&A: what the state pension changes mean to you<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The government has announced plans to simplify the state pension by introducing a single-tier system....<\/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-9214","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\/p75ss1-2oC","jetpack-related-posts":[{"id":1544,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-new-state-pension-winners-and-losers-and-what-you-can-do-about-it\/","url_meta":{"origin":9214,"position":0},"title":"The new state pension winners and losers \u2013 and what you can do about it","date":"February 10, 2014","format":false,"excerpt":"\r We look at which groups of people will benefit from the single-tier pension \u2013 and which will lose outUnder the new single-tier state pension, there will be winners, losers and those in between. Continue reading...\r \r Source : theguardian.com\r Read more...The new state pension winners and losers \u2013 and\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":9214,"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":114940,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-the-coronavirus-mean-for-your-finances\/","url_meta":{"origin":9214,"position":2},"title":"What does the coronavirus mean for your finances?","date":"March 16, 2020","format":false,"excerpt":"\r From mortgage payments to pension funds, here\u2019s the key information you need to knowCoronavirus \u2013 latest updatesSee all our coronavirus coverageThere have been more hefty falls, particularly in the domestic, UK-focused companies that will be badly hit by a sudden seizing up in activity. The FTSE 100 fell 7%\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45814,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/raising-pension-age-will-mean-many-people-die-before-getting-it-say-mps\/","url_meta":{"origin":9214,"position":3},"title":"Raising pension age will mean many people die before getting it, say MPs","date":"February 28, 2017","format":false,"excerpt":"\r Government should move away from \u2018triple lock\u2019 guarantee, says work and pensions select committeeFurther increases in the state pension age could push it to the point where many working people die before qualifying for it, MPs have warned, in a report that calls for the end of the \u201ctriple\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149908,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-new-uk-rules-on-pension-inheritance-may-mean-for-you\/","url_meta":{"origin":9214,"position":4},"title":"What new UK rules on pension inheritance may mean for you","date":"March 22, 2025","format":false,"excerpt":"\r Most workplace pensions will attract inheritance tax from 2027, so older people should consider their optionsRich retirees splashing pension lump sums to avoid \u2018IHT raid\u2019At the moment, pensions tend to be outside people\u2019s estates for inheritance tax (IHT) purposes. But last autumn Rachel Reeves announced that money left in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-failed-to-get-a-mortgage-because-of-my-pension-contributions\/","url_meta":{"origin":9214,"position":5},"title":"I failed to get a mortgage because of my pension contributions","date":"May 7, 2015","format":false,"excerpt":"\r Do all banks and building societies take pension contributions into account when deciding whether to approve a mortgage?Q I recently applied for a mortgage and passed the \u201cagreement in principle\u201d and valuation stages but was knocked back at the affordability check for the amount I needed. The reason? 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