The government has slashed the incremental increase to the state pension offered to workers who delay their retirement.
Pensions minister Steve Webb (pictured) said individuals who chose to postpone their retirement beyond the state pension age would get a 5.8% increase for each year deferred, down from 10.4% curren...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
