Former Pensions Minister Baroness Altmann has called on policymakers to look at other ways to solve rising state pension costs than raising the starting age, cutting the amount or more means-testing.
There needs to be fundamental reform to the State Pension to prevent later life poverty from worsening as the pension age rises, a new report warns today.
Plans to bring forward a rise in the state pension age which were expected to be announced in May have been put on hold, according to newspaper reports
The Government is consulting on proposals to bring forward the rise in the State Pension Age to 68 from 2044 to 2037 resulting in millions being forced to wait longer for the state pension.
The State Pension is set to see a significant boost in April with an increase predicted to be around 4%.