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.

Hi Iain, I cannot thank you enough for the advice, support and service you have provided to me throughout this process which has been outstanding from start to finish. You have made the entire process easy and hassle free and have negotiated an enhanced annuity for my father. I cannot thank you enough and will recommend you wholeheartedly to every single person I know that ever needs pension advice or indeed financial advice of any kind. Best regards David
David StranaghanRelationship Manager, Third Party OperationsTesco Bank