Identifying the needs shortfall for older people

by on May 13, 2019

This note was originally intended to be a consideration of the effects of the mixed-age couple rules which are to be introduced into the benefit system on May 15, 2019. During drafting, it became very clear that the same sort of considerations apply to many other situations, including those people with higher incomes, especially around […]

Notional income from pensions – too notional for some advisers?

by on May 13, 2019

The means testing rules for state benefits have, until now, always ignored pension savings until pension age has been reached. That means that people claiming working age benefits do not see them reduced because of any pension savings, unless they choose to take income or capital from them earlier. Once pension age was reached, and […]