Adam Pope, a retirement expert from Spencer Churchill Claims Advice, has issued a stark warning that nearly two million individuals over the State Pension age will feel the financial pinch of the Personal Allowance freeze within the next four years. The Department for Work and Pensions (DWP) latest figures show that there are almost 12.7 million people over the State Pension age in Great Britain, including over 1.1 million living in Scotland.

However, out of this total number, around 8.1…