Vulnerable people should 'get state pension early'

Rising state pension age leaves many at risk of losing out

clock • 5 min read

Allowing certain groups early access to their state pension could benefit a quarter of a million 'vulnerable' people who may otherwise miss out, a joint paper from the Pensions Policy Institute (PPI) and Age UK has claimed.

The paper, How could the effect of rises in SPA be mitigated for the most vulnerable? argued people from certain geographic areas and socio-economic classes are unlikely to live to meet the increased state pension age. Improvements in life expectancy have led to a rise in the state pension age, which is currently on track to reach 67 by 2028 for both genders. Yet the paper points out how, in central Glasgow, for example, healthy life expectancy at birth is just 55.9 years for men and 58.5 years for women - well below the current state pension age of 65. Manual workers, people with car...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Reeves to consider £2bn raid on tax-free pension lump sum

Reeves to consider £2bn raid on tax-free pension lump sum

Telegraph reports PCLS cut could help plug £50bn public finances hole

Jonathan Stapleton
clock 21 August 2025 • 3 min read
State pension age review: Govt launches call for evidence

State pension age review: Govt launches call for evidence

UK faces long-term demographic pressures

Jenna Brown
clock 18 August 2025 • 2 min read
'Barriers are institutional, not technical': Industry split over ten-day pension switch proposal

'Barriers are institutional, not technical': Industry split over ten-day pension switch proposal

After PensionBee calls for a legally enforceable transfer guarantee

Sahar Nazir
clock 18 August 2025 • 2 min read