The good news, the state pension age looks like it won’t rise again; or not for a while at least. The bad news, that’s because life expectancy in the UK has fallen. Far more people have died, and died younger in the past 10 years than in other countries. The trend started in 2010, so directly correlates with a decade of public spending and health cuts, and it’s the poorest who’ve suffered most: ‘If you travel just six miles from the poshest part of Kensington in London to New Cross Gate, life expectancy for men falls by a staggering 18 years, from 92 to 74’ according to a rather shocking Economist article. And that’s now, not in Victorian London. Of course, it’s those with least who will rely on the state pension the most. But not, sadly, for very long.
This month’s Interview: Nigel Clarke – Protection Specialist
Join us as we speak with John Butterworth, independent financial adviser at Philip James Financial Services. We learn about John’s background and talk about savings, investments, and how we can help manage your pension.