Natasha Browne looks at the cost of the state pension in decades to come
The growing number of workers who are self-employed could hamper attempts to get more people saving into a pension scheme, according to a think tank.
Plans to increase the state pension age (SPA) to 70 for men and women by the 2060s are endorsed by the industry, although many think the government must act faster.
Natasha Browne reports on the case for compulsion
The government can offer a more generous single-tier state pension and still create a cheaper system than is currently on offer, according to the Pensions Policy Institute (PPI).
PwC has urged the government to scrap the state pension age (SPA) after research found four out of ten people want more flexibility around when they can access their retirement benefits.
Women typically receive just £126 in weekly retirement income, which is an income drop of 68% from when they were in the workplace, according to LV=.
The state pension age should rise to 70 by 2040 - more than 20 years earlier than scheduled under government changes - the former chairman of the Financial Services Authority (FSA) Lord Adair Turner said last night.
Natasha Browne argues for devovled state pension ages
Scottish pensioners will have to wait more than a decade longer than their English counterparts to enjoy a third of their adult life in retirement under state pension reforms, according to the Pensions Policy Institute (PPI).