UK: State pension age should be 70, say bosses

The state pension age should rise to 70 as soon as "reasonably practical", company directors argued today.

The Institute of Directors called for a "radical reform" of both the state and private retirement benefit systems.

As well as raising the state pension age to 70 in the face of "greatly increased" longevity, the IoD also called for the abolition of most means-tested state retirement benefits.


Read more