SPA increase to 68 deferred
The government has deferred its decision on when to raise the State Pension age (SPA) to 68, although it is due to be phased in between April 2044 and April 2046. How will this affect your retirement plans?
The government has deferred its decision on when to raise the State Pension age (SPA) to 68, although it is due to be phased in between April 2044 and April 2046. How will this affect your retirement plans?
Latest data from the Office for National Statistics reveals that more people than ever are working beyond the age of 65. Will your retirement income be enough, or will you be working after age 65?
The DWP’s review of the SPA is now drawing to a close but shifts in life expectancy figures create a dilemma. So what does that mean for your retirement plans?