Teenagers and those in their 20s can now expect to work to age 70 as the state pension age rises to cope with an ageing population and longer lifespans.

The state pension age has undergone radical changes since 2010 and further age increases are planned. 

The latest change took place in 2017 when the Government announcedthat a planned age increase to 68, due to happen between 2044 and 2046, would take place seven years earlier between 2037 and 2039, meaning an additional 5.8 million people in their 40s have to work for an extra year before they can receive the state pension.

This occurred in response to the UK’s first state pension age review, commissioned in 2016, which highlighted that the…

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