Money Box

by BBC · · · · 153 subscribers

The latest news from the world of personal finance plus advice for those trying to make the most of their money.

More than 200 pensioners responded to a request to tell us how much their state pension was. They were nearly all different amounts. Next week the basic pension is rising to £137.60 a week and the new state pension paid to younger pensioners to £179.60. But those are amounts that hardly anyone actually gets. So why are pensions - the old and the new - so complicated? Who better to answer that than two former pensions ministers. Sir Steve Webb had that job throughout the years of the coalition government and Baroness Ros Altmann for just over a year under …

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Tags: news, paul lewis, saving, finance, business news, investing, money, loan, bbc, news & politics, business, vincent duggleby, mortgage

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