Will Labour raise the state pension age?

A government in need of cutting expenditure could be tempted to hike the state pension age. We look at whether it could rise higher and faster than currently planned

Older woman on park bench holding dog
(Image credit: Getty Images)

 

As chancellor Rachel Reeves prepares to unveil her maiden Budget next month, speculation is mounting that pensions could be used as a cash cow to raise revenue for the Treasury.

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Ruth Emery
Contributing editor

Ruth is an award-winning financial journalist with more than 15 years' experience of working on national newspapers, websites and specialist magazines.

She is passionate about helping people feel more confident about their finances. She was previously editor of Times Money Mentor, and prior to that was deputy Money editor at The Sunday Times. 

A multi-award winning journalist, Ruth started her career on a pensions magazine at the FT Group, and has also worked at Money Observer and Money Advice Service. 

Outside of work, she is a mum to two young children, while also serving as a magistrate and an NHS volunteer.