Government Announcements

The state pension age will need to rise to 72 over the next two decades if the government wishes to peg retirement costs to the public purse at the same level as existed in 1981.

A fall in business confidence could apply the brakes to the economic recovery later in the year, a new survey has suggested.

New data on retail sales, tax receipts and the level of public debt for the third quarter of the year suggest that the economy is maintaining a level of recovery.

The very smallest employers should be exempt from the automatic enrolment pension scheme that is due to come into effect in 2012.

Proposals to increase the state retirement age for men in 2016 have been described as too hasty by the National Association of Pension Funds (NAPF).

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