Keeping Mum

Around 50,000 women are expected to miss out because they are not entitled to receive child benefit under rules introduced in 2013 (joint incomes more than £60,000 pa), and have opted out of making a claim. However, this also means loss of NI credits for state pension entitlement, which could cost £5,000 in lost pension over a typical working lifetime. If this affects you, make a claim to protect your state pension.