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Aegon urges flexible UK State Pension age with early access at reduced rate; DWP maintains universal age following review

Published on: 05 April 2024

Published by a Law360 reporter
Legal News
Article summary

Aegon has urged decision-makers to consider different approaches to the point at which people can access the state pension. The age is 66 today, with rises planned to 67 in 2028 and 68 by 2048. Steven Cameron, Aegon’s pensions director, argued ministers should introduce greater flexibility, warning that pushing the pension age higher will be a major worry for those who do not feel able to work into their late sixties. “Instead of a continually rising fixed age, we want the government to examine giving individuals more freedom over when they begin to claim”, Cameron said...

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