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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: Canada's largest pension plan has nearly 50% of assets invested in the US

News Digest: Canada's largest pension plan has nearly 50% of assets invested in the US

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

Professional Pensions
clock 22 May 2025 • 1 min read
Senior government minister urges chancellor to reintroduce LTA

Senior government minister urges chancellor to reintroduce LTA

Reports say memo from Angela Rayner to Rachel Reeves called for range of tax changes

Martin Richmond
clock 21 May 2025 • 1 min read
PP Live 25: TPR says pensions system is 'unfinished business' and can 'work better' for savers

PP Live 25: TPR says pensions system is 'unfinished business' and can 'work better' for savers

CEO sets out how regulator will work with the pensions industry to deliver value

Holly Roach
clock 21 May 2025 • 2 min read
Trustpilot