The UK state pension system is undergoing a massive overhaul in a bid to make it easier to understand and to tackle the lack of funds available. But what is changing and how are you going to be affected?
Almost 1.2 million people have abandoned their personal pensions during the recession. The huge drop shows how the economic downturn is contributing to the pensions time bomb facing the country.
Any of us at any time may find ourselves in need of extra help, so in a period of upheaval in the welfare system, it pays to know what we could be entitled to. Sarah Coles looks at what's on offer for older people.
