Commenting on the Government’s announcement to bring forward the state pension age, Steve Webb, Director of Policy at Royal London, said:
“The government is right not to have left this increase in the pension age until the mid-2040s. Without this decision people of working age would have faced a heavy tax burden.”
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About Royal London:
Royal London is the largest mutual life, pensions and investment company in the UK, with funds under management of £117 billion, 8.8 million policies in force and 3,745 employees. Figures quoted are as at 30 June 2018.