Retirement date… TBC

As pensions minister Steve Webb unveiled his reforms of the state pension to parliament last week he also confirmed the state pension age would continue to increase in line with life expectancy. Speaking during a parliamentary debate on the issue he confirmed the state pension age – currently 65, increasing to 66 for men and women in 2020 and 67 by 2028 – would be linked with longevity, but that no further increases would occur during this parliament. “The government will carry out a review of the state pension age every five years, based around the principle that people should mainta...