Increasing the state pension age well beyond today’s level is an option as life expectancy rises, a savings expert has warned.

And it could have a “disproportionate impact” on some Britons, an expert has warned.

There has recently been discussion of the idea of raising the state pension age up to 70 as the policy becomes ever more expensive.

Mike Ambery, retirement savings director at Standard Life, part of Phoenix Group, said: “Currently 66, the state pension age is set to rise to 67 between…