A comprehensive overview of the Basic State Pension (BSP), the primary state pension scheme in the UK, including its historical context, types, key events, formulas, importance, applicability, and more.
The Pensions Act 2014 is a significant piece of legislation in the United Kingdom that introduced the New State Pension, affecting how pensions are calculated and received.
The State Second Pension (SSP) was an additional earnings-related component of the State Pension in the UK, designed to provide higher benefits for lower and moderate earners. This article explores its historical context, types, key events, and more.
Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.