State pension age

Is increasing the state pension age the best way to manage improved life expectancies? Natasha Browne investigates

The government is planning for people to spend longer in retirement, says pensions minister Steve Webb.

Pensioners would have been better off without the triple lock

Inheritance is expected to bolster the pension income of people born in the 60s and 70s as they face lower private pension wealth than their predecessors, the Institute for Fiscal Studies (IFS) says.

In this week's Buzz, respondents turned their attention to the regulator, the state pension and fiduciary management.

The Department for Work and Pensions (DWP) today confirmed that its five-yearly reviews of the state pension age (SPA) will be based on Government Actuary's Department (GAD) analysis.

Buzz respondents did not have much time for the suggestion that Scotland should have a different state retirement age to the rest of the country.

Union Prospect has called for a study into the possibility of creating a separate state pension age for Scotland.

The rise of the state pension age for women improved public finances to the tune of £2.1bn as employment rates for both women and men increased, research from the Institute for Fiscal Studies has found.

The government is to review the state pension age every five years in order to keep the retirement age in line with increases in longevity.