Flat rate pension at heart of Bill

Press Association
Updated

A new flat rate pension designed to encourage saving and make the system fairer is at the heart of sweeping Government reforms of state retirement funds unveiled in the Queen's Speech.

The Pensions Bill promises to create a simpler state pension by scrapping the two-tier system of basic pension and earnings-related additional pension from 2016.%VIRTUAL-SkimlinksPromo%

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