What are the different types of pensions? (1)
has identified 97,016 people who missed out on a total of £571.6million in payments dating as far back as 1985.The Government is now going through the process of making sure those affected, an estimated 237,000, are paid back theHelen Morrisey, head of retirement analysis at Hargreaves Lansdown, said: "Progress is being made to rectify the large-scale issue of state pension underpayments, but it is very slow.
The latest figures from the DWP show 21,175 widowed women were underpaid their state pension and have received £12,486 on average back.Three key benefits that YOU could be missing out on, and one even gives you a free TV Licence A spokesperson for the DWP said: "The action we are taking now is correcting historical underpayments made by successive Governments.
An online tool launched by former pensions minister Steve Webb on behalf of actuarial firm LCP can help married women check if they might be affected.- This is probably the most flexible type of pension as you can choose your own provider and how much you invest.- The Government has made it compulsory for employers to automatically enrol you in your workplace pension unless you opt out.