37 year olds retire at 68

37 year-olds to retire at 68

New pension rules are showing a gradual extension of working lives by increasing the age at which the state pension can be received. This makes more difference for men than for women because from 2020, both men and women’s state pension age will be 66. This will then increase to 67 between 2026 and 2028, and then it will be …

Government announces pension top-up option

A new scheme to boost pension payments has been announced. It allows you to pay in a lump sum that will provide up to £25 per week in addition to your state pension. Men born before 6 April 1951 and women born before 6 April 1953 can do this. How much you will receive depends on how much you put …