People born after certain date will lose thousands next year in 'pensions steal' says expert

People born after certain date will lose thousands next year in 'pensions steal' says expert View Image

A BBC expert has criticised the government over what he calls a 'great pensions steal', with individuals born on a specific date potentially losing out nearly £13,000. The host of Radio 4's Money Box programme Paul Lewis highlighted how the upcoming rise in pension age next April will particularly affect one age group.

The State Pension age is due to increase from 66 to 67 between April 2026 and March 2028, as per the Pensions Act 2014. This change affects those born from April 6, 1960 onwards.

The exact date you'll reach the new State Pension age depends on your specific birth date, with the increase being implemented gradually over this two-year period.

In his blog, Mr Lewis expl