Government confirms pension freedoms age hike to 57

Holly Roach
clock • 2 min read

The government has confirmed the minimum pension age will rise from 55 to 57 by 2028 to coincide with the rise in the state pension age to 67.

Plans to increase the pension freedoms age were first mooted in 2014 but were not legislated for at the time. Economic secretary to the treasury John Glen yesterday (3 September) said the plans wil...

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

House of Lords votes to remove mandation power from Pension Schemes Bill

House of Lords votes to remove mandation power from Pension Schemes Bill

Lords are examining several amendments to the bill this week in its report stage

Holly Roach
clock 19 March 2026 • 2 min read
PPF publishes 2025 diversity pay gap report

PPF publishes 2025 diversity pay gap report

Lifeboat fund report shows both mean and median gender pay gaps fell

Martin Richmond
clock 19 March 2026 • 2 min read
Bank of England votes unanimously to leave rates unchanged at 3.75%

Bank of England votes unanimously to leave rates unchanged at 3.75%

Widely anticipated by market

Linus Uhlig
clock 19 March 2026 • 5 min read
Trustpilot