A hike in the retirement age to 70 may come sooner than planned as the country’s financial pressures continue to grow, according to experts. Additional calls have also been made for Chancellor Rachel Reeves to reconsider the triple lock policy.

The State Pension age set to rise from 66 to 67 by 2028, with further increases planned for later decades. However, financial advisers and think tanks are pushing for faster action, due to demographic shifts and rising costs that threaten long-term sustainability, reports the Express .

Speaking among other experts to Newspage, Samuel Mather-Holgate, an independent financial adviser at Swindon-based Mather and Murray Financial, said: “The State Pension system is ripe for squeezing, so an increase to the State Pension age is coming down the

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