Guide: Everything you need to know about the State Pension

Having a stable income when you retire could give you the independence to enjoy a meaningful and fulfilling life after work. Indeed, a July 2023 survey by Legal & General found that 94% of UK adults said that financial security was their most important retirement dream.

Your State Pension, along with other savings and investments, could provide the stability you need to support the retirement lifestyle you want.

However, there is a worrying lack of understanding about the State Pension among UK adults.

The Retirement Voice report published in April 2025 by Standard Life revealed that:

• 50% of UK adults don’t know how much they’ll receive in their State Pension

• 32% are unaware of their State Pension Age.

So, this useful guide explains the essential things you need to know about the State Pension, from when and how you can claim it to how the income it provides will increase during your retirement.

Download your copy here: Everything you need to know about the State Pension

If you have any questions about your State Pension entitlement and how it could supplement other sources of income in retirement, please get in touch.

Please note: This guide is for general information only and does not constitute advice. The information is aimed at retail clients only.

HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be foreseen.

Taxation is not regulated by the Financial Conduct Authority.

A pension is a long-term investment the fund value may fluctuate and can go down. Your eventual income may depend upon the size of the fund at retirement, future interest rates and tax legislation.