Friends Provident is publishing a pensions guide to the UK pension system and contracting out.
The guide aims to give financial advisers, trustees and employers information on basic state pension including: eligibility, categories of pension, death benefits, state pension forecast, deferring state pensions, retiring abroad and equalising state pensions. It also looks at graduated retirement schemes, Serps, state second pension and the pension credit.
Friends Provident head of pensions marketing Jeremy Ward says: “The state pensions system has become increasingly complex and this guide will help to highlight the main provisions.
“The guide describes both the State pensions provisions and the contracted-out vehicles and should prove to be an extremely helpful reference to financial advisers, trustees and employers.”