State pension age to be increased to 70, experts say

The Government is carrying out a review12:39, 25 Aug 2026People will be retiring much laterExperts say the State Pension Age could be set to rise to 70 years old, meaning people will have to work significantly longer before they can retire. Former Chancellor Rachel Reeves said a review into increasing the state pension age was necessary to ensure the system remains "sustainable and affordable".‌The Government's review is scheduled to report in March 2029, and it will examine the age at which people can start receiving the state pension as life expectancy continues to increase. The current state pension age is 66, but this is set to increase to 67 by 2028, and the Government is legally obliged to review the age periodically.‌There have been calls for Andy Burnham to accelerate the rate at w