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XPS Pensions Group

State pension age: What is it? When will you receive yours?

The state pension age is the earliest you are able to claim your pension.

However, the age has been gradually rising over the years.

It recently has climbed from 65 to 68 for both men and women.

On the rise, Secretary of State for Work and Pensions, David Gauke, said: “I want Britain to be the best country in the world in which to grow old, where everyone enjoys the dignity and security they deserve in retirement.

XPS Pensions Group (LON:XPS) is the only UK pensions specialist listed on the FTSE. 100% focused on the UK pensions market providing pensions actuarial, investment consulting and administration, to over 1,200 pension schemes. Our firm combines expertise, insight and technology to address the needs of both pension trustees and sponsoring companies. We have over 900 employees, of which approximately 90 per cent are client facing, with 15 offices across the UK.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.