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The Department for Work and Pensions has been told to drop the state pension age to 60. A petition demanding the state pension be made available from age 60 while increasing payments to £586.08 a week has attracted over 14,900 signatures to date.

The total has eclipsed the 10,000 threshold that requires a Labour Party government response. Denver Johnson, who created the petition, said: "Government policy seems intent on the State Pension being a benefit not paid to all, while ever increasing the age of entitlement."

Payments would be tied to the National Living Wage "for security," he said. Graham Wells, Founder at GroWiser Financial Coaching, said: "The whole concept of retirement is starting to slowly die off.

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