State Pension Age increase to 68 for those born between 6 April 1970 and 5 April 1978

3 August 2017 - Voyant has released a software update to address a recently announced increase in the State Pension age.
 
Under the proposed new timetable, the State Pension age will increase to 68 between 2037 and 2039, earlier than the current legislation which sees a rise between 2044 and 2046. The change will affect everyone born between 6 April 1970 and 5 April 1978. Read more >>
 

How will this change affect your cases in Voyant Adviser?
 
This change will affect any existing client cases for clients born on or after 1970 who are eligible for State Pension benefits.
 
Rather than change the State Pension age in these cases automatically, Voyant Adviser will alert you to the change, allowing you to accept or decline the update based on your client's date of birth. The update should be declined if your client was born in 1970 but before the 6th of April.
 
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Step-by-step details
 
The next time you open a plan for a client that was born on or after 1970, review your client's state pension details, which are found on the Pensions > State Pensions screen.
 
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State Pension details can also be easily accessed with a click via the links on the General Overview screen.
 
StatePensionAge03.png             StatePensionAge04.png
 
 
Select the client's state pension in the ledger to the right side of the screen.
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An alert will appear (as shown below) stating that the State Pension age has been changed to 68.
 
StatePensionAge01a.png
 
 
Click Yes if you want the update applied. Your client's State Pension age will be increased to age 68.
 
Click No, if you want to retain the original State Pension age of 67. The update should be declined if your client was born in 1970 but before the 6th of April.
 
Click Update to save these settings.
 
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Repeat these steps for any other clients in the plan who were born on or after 1970.
 
 
Setting the State Pension Age going forward
 
This update to the State Pension start age will take immediate effect as you create new client cases in Voyant Adviser. However, you can still edit the State Pension Age and pension Start Age for clients born in 1970 but before the 6th of April. Again, these settings are found on the Pensions > State Pensions screen.
 
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