A pensions specialist has voiced concerns that a proposal to raise the state pension age could result in one group of people in the UK receiving just three years' worth of payments. The state pension age is scheduled to rise once more next year, climbing gradually from the present 66 to 67 between 2026 and 2028.

Plan are also in place for the age to increase from 67 to 68, between 2044 and 2046. An independent review has been launched looking at where the qualifying age should be set. Some specialists have even suggested the Government may soon need to raise it to as high as 70.

Mark Pemberthy, benefits consulting leader at insurance broker Gallagher, said that such an increase raises major questions about the fairness of the access age. He said: "Increasing the state pension age to 70 m

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