State Pension Changes

In October 2015 a new scheme is being introduced to enable those people who have taken a career break, usually to raise a family, to top up their state pension. This will also apply to the self employed.

The scheme will give individuals who reach pension age before April 2016 the chance to buy additional state pension by way of weekly payments of between £1 and £25.

Further details of this will be announced at a later date, but early suggestions show this could be worth up to £1,300 a year.

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