Declining life expectancy could 'put brakes on' state pension age increases

SPA review launched

Ayesha Venkataraman
clock • 3 min read

The second review of state pension age (SPA) has been launched by the government, which will consider whether the increase to age 68 should be brought forward to 2037-39 from the current plan of a gradual rise to 68 between 2044 and 2046 for those born on or after April 1977.

The review will consider a wide range of evidence, including life expectancy data, which has been negatively impacted by the coronavirus pandemic. Life expectancy across most regions in the UK slowed for males and females between 2018-2020, according to Office for National Statistics. Hargreaves Lansdown's Helen Morrissey highlighted the review would also consider other factors that feed into the state pension age debate. "This includes regional differences and should open the debate about healthy life expectancy - the ability to keep working - and how it varies hugely across the country...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

DWP publishes state pension age communications action plan

DWP publishes state pension age communications action plan

Government confirms plan to develop strategy with ‘timely’ and ‘modern’ communications

Martin Richmond
clock 25 June 2026 • 4 min read
Ros Altmann: A pensions manifesto for the new prime minister

Ros Altmann: A pensions manifesto for the new prime minister

Ros Altmann says pension funds could be a 'silver bullet' to revive UK growth

Baroness Ros Altmann
clock 25 June 2026 • 6 min read
Scottish Widows launches pension tracing tool

Scottish Widows launches pension tracing tool

Some 3.3 million pension pots are 'lost' in the UK

Holly Roach
clock 24 June 2026 • 1 min read