How would a higher minimum pension age change retirement planning?

clock • 4 min read

The government is currently consulting on raising the age whereby people can access their pensions, increasing it from 55 to 57 years old. How could such a change could alter retirement planning?

In its consultation, the Treasury said raising the minimum pension age to 57 could "encourage individuals to save longer for their retirement" and help ensure people have financial security in late...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Buzz: Should well-off pensioners get an honour to opt out of the state pension?

Buzz: Should well-off pensioners get an honour to opt out of the state pension?

Pension honours, LGPS surpluses and Standard Life PRT venture

Professional Pensions
clock 24 August 2026 • 1 min read
Schemes need 'greater visibility' of how AI is being used in operations

Schemes need 'greater visibility' of how AI is being used in operations

Penfold says AI could make pensions better but warns the industry to adopt it responsibly

Holly Roach
clock 24 August 2026 • 2 min read
You can't fix pensions without a plan for an ageing Britain

You can't fix pensions without a plan for an ageing Britain

Patrick Heath-Lay says government must be clear about what the state pension provides

Patrick Heath-Lay
clock 24 August 2026 • 4 min read
Trustpilot