We reported earlier this year on the review of State Pension Age (see /news/review-of-state-pension-age-(1)). The Government delayed its response, because of the General Election, but has now confirmed its intention to adopt Mr Cridland’s recommendation that SPA be increased to 68 between 2037 and 2039.
The Chancellor’s Mansion House speech – and associated consultations
In a speech at Mansion House on 10 July, the Chancellor Jeremy Hunt set out a comprehensive set of initiatives intended to boost pension savings and investment in British businesses. He said the ‘Mansion House Reforms’ could increase the average savers’ pension pot by around £16,000, or 12%, with the aim of increasing investment in […]