July 6, 2022

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Pension warning: Rule adjustments imply Britons should wait longer to entry hard-earned funds

Some individuals might have a protected pension age relying on their scheme.

Anybody who had a protected pension age of 55 earlier than November 4, 2021 ought to have a proper to nonetheless entry their fund at that age.

Members of the firefighters, police and armed forces have a protected pension age and can subsequently not be affected.

The Authorities states that the rise helps its “fuller working lives” agenda and has oblique advantages to the financial system by “elevated labour market participation”.

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