UK Pensions

UK Government Pension

The government offers UK citizens a basic State Pension. As a UK citizen you are entitled to receive this benefit once you are over State Pension Age providing you have made sufficient National Insurance contributions.

There is also an additional state pension, the state second pension, which is essentially a top-up to the basic state pension. Furthermore, it is possible to qualify for certain state benefits, such as pension credit and income support. Your State Pension in all its forms, including Additional State Pension, is considered to be a taxable source of income.

The state pension plan should form part of a comprehensive retirement plan.

Find out here how to guarantee your entitlement and don't forget to talk to a qualified Holborn Assets adviser about your retirement plan.