UK Tweaks Plans To Raise Private Pension Age To 57 In 2028

Law360, London (February 11, 2021, 6:01 PM GMT) -- The U.K. government has set out proposed changes to its plan to boost the minimum private pension age to 57 from 55 beginning in 2028, including exemptions and links between private and state pension guidelines.

Adding two more years to the Normal Minimum Pension Age, or NMPA, could encourage people to save longer toward their retirement, HM Treasury said on Thursday in its joint consultation with HM Revenue and Customs. The consultation closes in April 2021.

"Increasing the normal minimum pension age reflects increases in longevity and changing expectations of how long we will remain in work and in retirement," said...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Related Sections

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!