Autumn Statement 2013: Government accelerates SPA increase

clock

People across the UK will be unable to claim their state pension until the age of 68 from the mid-2030s rather than 2046 as previously planned.

Chancellor George Osborne announced the swifter move to raise the state pension age (SPA) in today's Autumn Statement, with an SPA of 66 to take effect from 2020 and 67 by 2028. A government sou...

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

Aptia connects 200 schemes to pensions dashboard

Aptia connects 200 schemes to pensions dashboard

Pensions administrator says it will be connecting more schemes before deadline

Alex Levy
clock 05 August 2026 • 1 min read
Restore Britain criticises 'hijacking' of private pension investment

Restore Britain criticises 'hijacking' of private pension investment

Economic plan reveals the party would scrap the triple lock

Alex Levy
clock 04 August 2026 • 1 min read
The benefit of M&A expertise on trustee boards

The benefit of M&A expertise on trustee boards

Palwinder Hare says trustees with M&A experience can bring strategic value to boards

Palwinder Hare
clock 04 August 2026 • 2 min read
Trustpilot