AWD brands parties pension plans 'perplexing'

AWD says the different offers put on the table by political leaders has made the issue of saving for retirement "perplexing" and confusing. Tory proposals to increase the state pension age to 66 in 2016 "adds yet another number to the game of retirement age bingo," says David Smyth, director of AWD Chase de Vere. "Right now you can retire at age 50 - but next year the earliest age will be 55 using your own retirement savings," continues Smyth. "Then the age you can get your state pension might rise to 66 in 2016 if you're a man or by 2020 if you're a woman under Conservative plans....