For those under the current system, payments rise by 1% for every nine weeks of delay, equivalent to 5.8% a year. Those who ...
But by holding off for 12 months, they'd forfeit nearly £12,000 in State Pension payouts, presuming they're entitled to the full new State Pension. A basic-rate taxpayer would have to make it to ...
You could boost your state pension by hundreds or thousands of pounds by deferring it if you don’t need the income right now. We look at how it works, and the pros and cons ...