Ditch complex rise in normal minimum pension age - Quilter

Coupled with "unintended complexity" that could arise when dealing with small pots, head of retirement policy Jon Greer said the potential policy is ill-thought-through and could leave savers stranded in expensive schemes. The government announced in February it would increase the age at which people can access their private pension savings, from 55 to 57, bringing it back to a decade earlier than the state pension age, which was the coalition government's initial policy. The move is designed to reflect increases in longevity and the view that people will remain in work for longer, wi...