Overview

• The Department for Work and Pensions has launched its third statutory review of the State Pension age with an independent report from Dr Suzy Morrissey.
• A public consultation is seeking views on linking future pension age to life expectancy measures and automatic adjustment systems used abroad.
• The government remains committed to the triple lock through this Parliament, even as the Office for Budget Responsibility warns pension spending could reach £200 billion by 2073.
• Independent actuaries and financial consultants say the retirement age may need to rise towards 70—or higher in extreme scenarios—to maintain fiscal sustainability.
• Unions have threatened industrial action over any further age increases while the DWP presses on with cohort notification letters, NI top-up windows and routine pension payments.