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Guide: Everything you need to know about the State Pension

News

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.

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I would like to thank EBS and their staff for providing an excellent service, making the minefield of my various pensions seem like an easy task and for keeping me updated on the progress. I would not hesitate in recommending them to anyone looking for pension advice.

Trust and expertise were my key needs for re-establishing my financial portfolio following a divorce. The replacement life cover and complete evaluation of my pension goals were perfectly designed and implemented to suit my changed circumstances. Well done EBS!

Honest and comprehensive financial advice given with no pressure to buy any products. Reasonable fees for advice and ongoing costs. Very happy with the services given.

Many thanks for taking so much time to meet and discuss our retirement funding plans with us yesterday. The detail of the analysis was very impressive, and you and your staff are to be congratulated on a very professional job.

Our grateful acknowledgements are due for the advice and support proffered by the EBS team and everyone we met at entry, all very courteous, personable and a pleasure to meet.

The ‘Portfolio Report’ that EBS offers has made understanding and managing the family budget so much simpler. It gives a detailed summary and breakdown of our overall financial position, which is so helpful when cross-referencing it.

Thank you for your very comprehensive letter and schedules.... I must reiterate my thanks for all you have done for me.

Many thanks indeed to you and EBS for doing your very best for me. I know I am in safe hands with you. It really is very much appreciated!

I would also like to thank you all for the work in getting this organised for us. I know it has not been easy but I really appreciate it all.

We are really grateful for your perseverance with what turned out to be a pretty long and complicated process! You were brilliant at answering our questions as we decided what to do with these funds, and you helped hugely with negotiating across the companies we were dealing with.

Many thanks for your continued support and guidance. We really do appreciate 'having' you.

FR, Lanark

JS, Glasgow

IM, Dunbartonshire

RS, Biggar

BW, Skelmorie

MP, Glasgow

BA, Salisbury

MR, Glasgow

NM, Glasgow

EP, London

RG, London

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