Saving For Your Future > Pensions > Reader Question: Will my investments affect my State Pension entitlement?

Reader Question: Will my investments affect my State Pension entitlement?

By Damien Fahy
1 min read Published: 20 Feb 2012

Get an answer to your financial question online Reader Question:

Hi,

If I have £100,000 in an ISA, will this affect my state pension?

 

My response:

No it won't as the State Pension is not means tested. Your State Pension depends purely on how many qualifying years of National Insurance Contributions (NICs) you have built up.

I hope that helps.

Damien


The material in any email, the Money to the Masses website, associated pages / channels / accounts and any other correspondence are for general information only and do not constitute investment, tax, legal or other form of advice. You should not rely on this information to make (or refrain from making) any decisions. Always obtain independent, professional advice for your own particular situation. See full Terms & Conditions and Privacy Policy.

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