'Serious attention' needed to make Cridland recommendations success

Pension sector reacts

Hannah Godfrey
clock • 4 min read

John Cridland's report on the state pension age may have offered little in the way of surprises but it has provoked a number of warnings the government has its work cut out to make any of the proposed changes a success.

The report by the former head of the CBI - who was appointed to provide an independent review of the state pension age in March 2016 - has proposed those under the age of 45 may have to work a year longer than they currently expect. Cridland recommended bringing the change to the state pension age forward to 68 over a two-year period - starting in 2037 and ending in 2039.He also suggested there should be no move in the state pension age from 68 to 69 before 2047 at the earliest, the pension age should never rise by more than one year in each 10-year period and the triple-lock guarantee b...

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