HMRC warns 200,000 parents missing out on pension

HMRC has written to the Treasury committee warning 200,000 parents are at risk of foregoing their full state pension due to not claiming child benefits. In a letter, HMRC said that if child benefits are being claimed by the higher earner in a household, the partner earning less could be missing out on National Insurance credits, and therefore decreasing their state pension entitlement. HMRC wrote: "Our work suggests there may be around 3% of households claiming child benefit and not ben...