Pensions

A significant change as far as state pensions is concerned comes from The Pensions Act 2007 this raises the state pension age from 65 to 66 years the reason given for the need to do this is the increase in the aging population.The change in the state pension age to 66 for men and women begins gradually from December 2018 until April 2020. The Pensions Act 2007 also raises the state pension age to 67 and 68.