{"id":9216,"date":"2014-02-10T14:00:24","date_gmt":"2014-02-10T07:00:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/poorer-state-pensions-for-the-millions-advised-to-stay-contracted-in\/"},"modified":"2016-03-27T11:47:13","modified_gmt":"2016-03-27T04:47:13","slug":"poorer-state-pensions-for-the-millions-advised-to-stay-contracted-in","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/poorer-state-pensions-for-the-millions-advised-to-stay-contracted-in\/","title":{"rendered":"Poorer state pensions for the millions advised to stay contracted in"},"content":{"rendered":"


\nIf 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 state system look likely to lose.It is estimated Webb’s state pension entitlement will increase by \u00a337 a week when the complicated assortment of state pensions and top-ups are replaced in two years’ time by a supposedly simpler benefit, the “single-tier pension”. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Poorer state pensions for the millions advised to stay contracted in<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

If you contracted back in to the state second pension you could be hundreds 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-9216","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\/p75ss1-2oE","jetpack-related-posts":[{"id":36254,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/basically-a-huge-tax-increase-readers-on-proposed-pension-age-rise\/","url_meta":{"origin":9216,"position":0},"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":[]},{"id":24200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-will-put-75-of-workers-at-risk-of-pension-shortfall\/","url_meta":{"origin":9216,"position":1},"title":"Brexit will put 75% of workers at risk of pension shortfall","date":"August 28, 2016","format":false,"excerpt":"\r People will have to save more for pensions to have income they were on course for before Britain voted out, say City expertsThe Brexit vote is having \u201cterrifying\u201d effects on the pension schemes of millions of British workers, with 75% of people now expected to have a retirement income\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7284,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-system-favours-the-richest-letters\/","url_meta":{"origin":9216,"position":2},"title":"Pensions system favours the richest | Letters","date":"March 9, 2016","format":false,"excerpt":"\r Polly Toynbee\u2019s theory (Opinion, 8 March) that the chancellor caved in on reform of pension tax relief to a selfish pension industry suffers from one small problem \u2013 it isn\u2019t borne out by the facts. It is certainly true that the \u201cpension Isa\u201d option initially favoured by the chancellor\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11488,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-pensions-system-has-failed-what-is-the-answer\/","url_meta":{"origin":9216,"position":3},"title":"The pensions system has failed \u2013 what is the answer?","date":"April 27, 2013","format":false,"excerpt":"\r Poor investment returns and dreadful annuity rates mean the outlook for defined contribution pension schemes is appallingTwo figures stunned me this week. The first was on Tuesday morning from the Office of National Statistics, which said that to buy an inflation-linked retirement income of \u00a325,000 a year \u2013 less\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53119,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-triple-lock-what-you-need-to-know\/","url_meta":{"origin":9216,"position":4},"title":"Pensions triple lock: what you need to know","date":"April 27, 2017","format":false,"excerpt":"\r Conservative plans to water down the guarantee on future pension payouts could affect millions. Here\u2019s the factsTheresa May is considering replacing the \u201ctriple lock\u201d, which guarantees a minimum increase in the state pension each year, with a less generous \u201cdouble lock\u201d commitment in the Conservative party\u2019s general election manifesto,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3352,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/women-who-lose-out-in-pensions-could-claim-jobseekers-allowance\/","url_meta":{"origin":9216,"position":5},"title":"Women who lose out in pensions 'could claim jobseeker\u2019s allowance'","date":"February 2, 2016","format":false,"excerpt":"\r Conservative minister Shailesh Vara\u2019s suggestion has been branded \u2018outrageous\u2019 and \u2018shocking\u2019 by Labour MPsWomen who are due to lose thousands of pounds from the government\u2019s changes to the pension age could think about claiming jobseeker\u2019s allowance instead, a Conservative minister has suggested.Shailesh Vara, a work and pensions minister, listed\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\/9216"}],"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=9216"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/9216\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=9216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=9216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=9216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}