20 July 2021
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4 min read
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Andrew Tully: "The process to decide which individuals retain a right to an earlier pension age is completely arbitrary, being based on the specific wording within scheme rules, which may have been written many years ago."
Draft legislation confirming the increase to normal pension age - from 55 to 57 in April 2028 - has been issued by HM Revenue & Customs (HMRC) and branded a "hugely complex mess" by one pension expert.
If followed a consultation that ran from February to April which garnered received 142 responses. The new rules mean the normal minimum pension age will increase from 55 to 57 in 2028 in line with...
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