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State Pension age – should it be changing?
Raising the State Pension age has been a hot topic this year. In France it’s led to riots. Back in the UK we’ve learned that there will be no announcement on raising the state pension age until after the next general election.
At the moment the age is 66.
But if you were born after April 1960, you won’t get your State Pension until you turn 67.
And if you were born after April 1977 – you’ll be the first to have to wait till you’re 68.
But are those figures fair? Do we need to review the dates… and what about being more radical – like an earlier State Pension age for people who have worked in physically demanding jobs?
Plenty for Phil Brown to discuss with Jo Cumbo, the Global Pensions Correspondent at the FT and Alyshia Harrington-Clark, Head of DC, Master Trusts and Lifetime Savings at the Pensions and Lifetime Savings Association (PLSA).