Home responsibilities protection not in national insurance

[ad_1] Some individuals may be missing home responsibilities protection (HRP) from their national insurance record, which could impact the amount of state pension that they are entitled to. The government is identifying affected individuals and will be writing to them with their recalculated state pension entitlement. Home responsibilities protection (HRP) was a scheme that applied […]

Guidance for pension protection post 6 April 2023

[ad_1] HMRC has published guidance regarding how to safeguard pension protection, following the pension changes announced at Spring Budget 2023. Care should be taken as the rules differ depending on the date the LTA protection application was received by HMRC. At Spring Budget 2023, Chancellor Jeremy Hunt announced that from 6 April 2023 the pension […]