The Government is reported to be on the brink of a U-turn on extending the state pension age to 68. Barring a policy reversal by a potential Labour government, a change from the current 66 to 67 by the end of 2028 may still go ahead. Ministers were earlier expected to increase it to 68 late next decade. But according to the Financial Times concern about a revolt by middle aged voters – with Labour far ahead in the polls – has persuaded them to put a decision on the back burner until after the next general election.

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