This week the Government announced that it would push back the planned increase in State Retirement Age from 65 to 66 by six months. This means that the State Retirement Age will rise from 65 to 66 in October 2020 rather than the proposed April 2020.

The change will particularly affect people born between 6 January 1954 and 5 September 1954 and will be of assistance to some 33,000 women who otherwise would have had to wait a full two extra years before drawing their state pension.

The increase in the state pension age is of concern to many people who have low savings and have to rely on the state pension to meet their basic needs.