A big change is coming for state pensioners born after 1977 from the Department for Work and Pensions ( DWP ). The state pension age is being reviewed by the Labour Party government amid concerns over the ballooning benefits bill.

Fidelity explained: "One of the most sensitive issues in the world of pensions is due to be tackled - the speed of rises in UK pension ages.

"The government confirmed over the summer that a review of the State Pension age (SPA) - the age at which you are eligible to claim the payment - will be held and concluded by 2029.

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"It will also affect the normal minimum pension age (NMPA) - the age you can access your company pension or personal pension. This has mostly been set 10 ye

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