A report released by the National Audit Office has found that nearly 3m people could lose out on State Pension benefits because employers fail to complete accurate National Insurance returns.
Our view
These figures whilst alarming, amount to a few pounds for most people but up to 1m could be losing between £100 and £250 meaning that the prblem is serious enough to warrant further action.
We suggest every employer is forced to purchase an electronic payroll system.
Do you want a free state pension forecast? Visit the State Pensions Centre in the Pensions Adviser.com.