MoneyWeek

Putting off your state pension

Not everyone turning 66 and becoming eligible to draw their state pension needs the money straightaway. In which case, does it make sense to defer taking the cash in return for a more generous pension when you do start taking it? The answer for increasing numbers of people appears to be no: state-pension deferral rates have fallen to an all-time low.

You’re reading a preview, subscribe to read more.

More from MoneyWeek

MoneyWeek1 min readInvestments & Securities
Activist Watch
Activist investor Engine Capital has acquired a 5% stake in C&C Group, and is pushing the producer of Magners Irish Cider to launch a strategic review and sell itself, says Bloomberg. The US hedge fund believes Dublin-based and UK-listed C&C could be
MoneyWeek1 min readInvestments & Securities
IPO Watch
London Tunnels, which plans to transform an abandoned network of tunnels in Holborn into a tourist attraction with two million visitors annually, has ditched plans to float on the London Stock Exchange, says The Guardian. It intends to raise £30m by
MoneyWeek3 min read
Beware CGT reforms
Planning on selling your business in the next few years? You might have to pay more tax on the proceeds than expected. The next government could very well decide capital gains tax (CGT) is a good way to raise revenues, given those commitments not to

Related Books & Audiobooks