Govt could accelerate state pension age rise to 67

Legistlation is already being pushed through parliament to raise the age at which men and women can claim a pension to 66 by 2020. However, it is believed pressure is now buidling on ministers to raise the retirement age to 67 as early as 2026, the Observer reports. Steve Webb, the pensions minister, told the paper further moves are necessary and the coalition government will rip up the former administration's timetable, under which the pension age was to be increased to 67 in 2036 and 68 by 2046. He said: "The timescales for 67 and 68 are too slow. If it is 67 in the mid-2030s we ...