Govt confirms plans to raise private pension access to 57

In a written question to the Treasury, Labour MP for East Ham Stephen Timms asked what plans the government has to increase the minimum age at which people can access their private pension under the tax rules. In response, Economic Secretary to the Treasury and City minister John Glen confirmed plans first announced in 2014, which would increase the minimum pension age to 57 from 2028. Glen said the move would be legislated for "in due course", but did not give any further insight on when this might be.  The change means people will now have to wait two more years before being able...