Inflation-busting increase to weekly payments on the horizon.
Those receiving the State Pension are potentially likely to find out that their weekly payments could potentially increase by 3.2% from April 2020, subject to any last minute adjustments.
Pointing you in the right direction
This means the full new State Pension will see an increase from £168.60 weekly to £174 weekly, and the full old basic State Pension will see a rise from £129.20 weekly to £133.33 weekly.
Hover over the image on the right hand side to download our brochure.
Reference – FS042 – Jan – 2020