The basic State Pension is a regular payment from the government that you get when you reach State Pension Age (SPA). To qualify, you must have paid National Insurance contributions. The maximum level of State Pension you can currently receive is £113.10.

For individuals born after 6 April 1951 you will qualify for the new State Pension. The full new State Pension will be no less than £7,716.80 per annum. The actual amount will be set in Autumn 2015.

mcleanThe current team at Corporate Benefits Consulting have had MacLean Electrical as a client for around 10 years now and over that time we have got to know them well.

Our Client Manager Maureen Ruddy, has guided our ever- expanding company through the pensions minefield of the last decade, offering advice which culminated in us closing our Final Salary Pension Scheme in 2007 and then going on to establish a new GPPP for all employees. Corporate Benefits guided us through this complex situation and continue to act as advisers to both the Trustees of the closed FS Scheme and also to the individual Members of the new GPPP.

At MacLean Electrical we feel it is important to get to know our service providers so that they can understand our business well enough to allow us all to work together and utilise all of our time effectively. In this way, Corporate Benefits have assisted us greatly by removing a large proportion of the day to day administration burden of running our schemes and they have also been of great assistance in guiding us through the various legislative changes experienced by pension schemes over the last decade and of course beyond.

The experienced team at Corporate Benefits is worth considering if you are a business who needs sound, relevant and effective advice regarding your Pensions and Employee Benefits packages and I would have no hesitation in recommending Corporate Benefits to you.

Gordon CarswellFinance DirectorMaclean Electrical