Episode Details

Starting April 6th, UK state pensions are increasing by 4.8% due to the triple lock rule, with the full new state pension rising to £241.30 and basic state pension to £184.95. The state pension age is gradually rising from 66 to 67, with the exact date depending on your birthdate. While this is seen as a win for workers, experts warn it could increase poverty rates, especially for the unemployed or unhealthy. The state pension age may reach 68 between 2044-2046, and workplace pensions now allow access from 57. Plan ahead and check your exact retirement date to avoid financial shocks.

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