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Autumn Statement: State Pension and benefits up

In today’s Autumn Statement, Chancellor Jeremy Hunt confirmed that both the State Pension and benefits will rise from April.

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State Pension set to rise by 8.5%

Retirees are set to receive an 8.5% increase to their State Pension from April next year as CPI inflation held steady at 6.7% for the year ending September.

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Calls for radical rethink of retirement planning

Pensions and retirement provider Aegon has called for the Government, employers and pensions industry to work together to rethink life after 50.

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State pension set to rise 8.5% as wages rise

The latest official wage growth figures - published today by the ONS - mean the State Pension should rise to £11,501 in April 2024, a 8.5% rise from £10,600 this year.

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