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State pensioners have been warned the state pension age could rise to a never-before-seen level in the UK. The state pension age is currently 66 for both men and women and is set to rise to 67 between 2026 and 2027, and to 68 between 2044 and 2046.

But Money Week reports the Labour Party government’s review of the state pension age will explore whether it should automatically increase in line with rising life expectancy, potentially pushing the state pension age up to 70.

The review into the state pension age will assess the "merits" of implementing automatic adjustments to strengthen government finances, as well as looking at how the state pension age can manage “the long-term sustainability of the state pension”.

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