As we have reported previously, the Government is expected to amend the Pensions Bill to accelerate the existing timetable for increasing the State Pension Age to 66 for men and women.

Iain Duncan Smith, the Work and Pensions Secretary, has now indicated that the Government is also planning to bring forward existing provisions to increase the State Pension Age from 66 to 67. Under existing legislation, a State Pension Age of 67 will be achieved in 2036 but the Government is understood to be considering an earlier target date of 2026. It is not, however, clear whether this measure will be included in the current Pensions Bill or in later legislation.