The Labour party has launched a national 'state pension tour', which will see shadow secretary for work and pensions Debbie Abrahams visit groups and individuals across the UK to discuss the future of retirement.
The tour comes in the wake of the Conservative party's confirmation it will implement changes to the state pension age outlined in the Cridland report, which will see it rise to 68 between 2037 and 2039. The Department for Work and Pensions said life expectancy had increased from the introduction of the state pensions in 1948, when a retiree could expect to spend 13.5 years in receipt of it, to expecting to live 22.8 years in full receipt of the state pension today. Labour meanwhile has calculated 56,547 under-48 year-olds living in Theresa May's constituency of Maidenhead, 59,290 in ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
