Fears are growing that the state pension age may rise sooner than previously anticipated, as the Government launches a formal review.
The Department for Work and Pensions (DWP) is reviving the Pensions Commission—originally established two decades ago— to reassess pension provision and savings levels across the UK. It has already commissioned the next review of the state pension age, which currently rests at 66 years old and is scheduled to rise to 68 by 2046.
