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

Superfunds rising in popularity for endgame among DB trustees

Superfunds rising in popularity for endgame among DB trustees

TPT finds consolidating into a superfund ranks above buyout, run-on and CBJPs

Holly Roach
clock 09 October 2026 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Sponsor swap deals, Capita statement on NAO CSPS review and Broadstone DB redress tracker

Professional Pensions
clock 09 October 2026 • 1 min read
News Digest: Record 82,000 NHS staff opt out of gold-plated pensions

News Digest: Record 82,000 NHS staff opt out of gold-plated pensions

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

Professional Pensions
clock 09 October 2026 • 1 min read
Trustpilot