More time needed to cope with pension age rise

Government plans to raise the state pension age for men to 66 by 2016 are too hasty and do not give people enough time to prepare, pensions experts have warned.

 

The National Association of Pension Funds (NAPF) said many people in their mid to late 50s who have already made retirement plans may be unable to change their savings and private pensions to cover the loss of a year’s state pension and that people in that age group who have already fully or partly retired could be part... (301 more words)

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