Published On: Mon, Aug 26th, 2024

Pension fury as experts warn retirement age must rise to 71 | Personal Finance | Finance


Warnings that the retirement age for state pension eligibility must rise to 71 have sparked a furious response.

Experts have told the Labour Government they must act now over the unaffordability of the UK’s state pension payment commitments. And one has even suggested the UK could see rioting in the streets if the pension age is raised again.

Chancellor Rachel Reeves is under growing pressure to increase tax thresholds as retirees “relying” on the state pension could soon be forced to pay…



Source link