In her latest article for Professional Adviser, Claire Trott assesses the impact of rising pension ages and outlines what advisers should be communicating to clients affected by the next shift
We have all known for a long time that the normal minimum pension age is going to rise again in 2028 - this time to 57. Back in 2014 when it was announced, it seemed so far away and so much has happened since then that some will have forgotten this proposed two-year jump in the age at which you will be able to access your private pensions. At the time it was also proposed that the age would remain 10 years ahead of state pension age. The reason we haven't heard much about these changes over recent years is because it wasn't and still hasn't been put into legislation. Which means that ...
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