The government must take the financial needs of middle-aged carers and those who will struggle to keep working into old age fully into account when making any future changes to the state pension age, Age UK has warned.
The charity's report Working Later, Waiting Longer, which is published today, has taken an in-depth look at eight people in their 50s and early 60s who are likely to lose out badly from any rise in the state pension age. The people interviewed in the report are heavily reliant on their state pension for a variety of reasons, such as poor health or the fact they care for others, and are therefore likely to be particularly adversely affected by waiting longer to receive their state pension. Increases in average life expectancy have meant the state pension age is now set to reach 67 by 2...
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