Thinking About The Ageing Population, Chancellor? Pension Reform’s Just The Start…

The universal state pension needs to stay, to protect individuals from facing poverty in later life. The Cridland review is looking at affordability of our current state pension as we live longer, but he also recognises that raising the State Pension Age without also supporting people to work longer is not a balanced response. Out of 10.2 million people aged 50 to the State Pension Age, 2.9 million are out of work, many of them involuntarily. Supporting more people to remain in work for longer will be key to the economic success of the country.

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