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Pension changes to hit 109,000 in the north

The change will affect all men and women currently between the age of 39 and 47, who will be forced to work a year longer before they can access their state pension entitlement.

Shadow Scottish Secretary Lesley Laird MP said Labour has pledged to leave the state pension age at 66 while reviewing the evidence emerging around life expectancy.

She said: “This is yet another disgraceful and unjustified attack on the state pension by this Tory Government, which is asking millions of people to work longer to pay for its failing austerity plans.

Important:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.