State Pension

Chris82 · March 2021

Hi all,
First post! We have a client who has advised us that his state pension is £12,034pa. I'm not going to be able to get a BR19 for some time from him though he says he has had this figure confirmed. Before I start doing too much cash flow based on that....does that sound possible?

I know that under the pre 2016 regime it might be possible to have more (S2P etc) but is this figure within the kind of bounds anyone has seen before? Thanks very much

Gustavo_Fring · March 2021

This is to do with the additional state pension i think...

If it puts your mind at ease, i have seen figures higher than £12K in the past..

arongunningham · March 2021

yeah sounds possible.

Have they deferred?

Calvert76 · March 2021

Totally a thing for clients who retired some years ago. Used to have a few clients where State Pension exceeded personal allowance leading to a k number tax code

Chris82 · March 2021

Thanks all. Puts my mind at rest - they've not deferred and he reaches state pension in about 3 years' time. Really appreciate it.

State Pension

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