How would a higher minimum pension age change retirement planning?
Govt consulting on raising age to 57
The government is currently consulting on raising the age whereby people can access their pensions, increasing it from 55 to 57 years old. Jon Yarker talks to a handful of financial advisers about how such a change could alter retirement planning...
In its consultation, the Treasury said raising the minimum pension age to 57 could "encourage individuals to save longer for their retirement" and help ensure people have financial security in later life....
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