London Office: 020 3755 3235 | Ipswich Office: 01473 384 858 | Email:

The New State Pension Scheme

As of April 2016, the new state pension scheme will become the biggest shake up in state benefits for a generation.  Whether you are 30 or 90 years old, there will be planning opportunities for you to increase the amount of state pension you receive.

For those who will retire under the new regime, your state pension position will be assessed from the outset of the new Single Tier State Pension.  Over the course of the next year, all clients who are not retired should obtain an updated statement to assess their Foundation Amount and possibly their Protected Payment.

To help clients apply for a state pension statement, please follow this link to our newly updated online note.

If you are already in receipt of a UK state pension and are contemplating increasing the amount you receive, please refer to our previous send out ‘State Pension Reforms’ for further information.

Over the course of the coming weeks, we will be conducting a comprehensive campaign tackling the recent changes made to the pension landscape.  In the meantime however, please do review our summary on the New State Pension Scheme as well as the wider notes available on our website.

As ever, you can reach us on our usual numbers if you have any queries.


The latest news from Swallow Financial Planning and the financial industry

October Investment Update October 27, 2023

Our predictions for 2023 seem to have been “bang on the money”. Our October Investment Update provides background into our current investment thought ...

How your Pension Expression of Wish can save money September 6, 2023

If you have a Personal Pension and you are in a committed relationship, it is common that you will nominate your partner to receive your pension after...

Investment Bulletin July 2023 July 7, 2023

It has been 6 months since our last investment review. With much unfolding in the interim, we wish to share our current investment sentiment with you....

Swallow Financial Advice Newsletter

The latest news from Swallow Financial Planning and the financial industry