What's your take on the flat-rate state pension?
The government announced today that a new flat-rate state pension will start in April 2017. Pensions minister Steve Webb said the new system would be “much simpler”.
The proposed change will likely see an increase in NICs for defined benefit schemes – will this result in an increase in cost for employers? How will it affect financial planning?
Is it really a step towards simplification or is it the final nail in the coffin?