Budget 2010: SPA rise to offset earnings link cost

clock

Linking state pension to the higher of earnings or prices - with a minimum increase of 2.5% - is one of the reasons the government is accelerating moves to raise the state pension age, David Yeandle says.

EEF head of employment policy Yeandle explained the cost of the move is probably one reasons the government has decided to consult on accelerating the planned move in state pension age from 65 to 6...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Legal & General goes digital for annuity applications

Legal & General goes digital for annuity applications

Applications could take 14 fewer days to process

Jenna Brown
clock 01 April 2025 • 1 min read
News Digest: PPF vows to invest more in 'juicy' UK assets; Reeves urged to come clean on pension tax raid

News Digest: PPF vows to invest more in 'juicy' UK assets; Reeves urged to come clean on pension tax raid

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 01 April 2025 • 1 min read
Isio records 26% increase in group revenue in 2024

Isio records 26% increase in group revenue in 2024

Firm’s results reveal group revenue increased to £170m while EBITDA rose by 31%

Martin Richmond
clock 31 March 2025 • 1 min read
Trustpilot