DWP making 'elephant in room' change which could cost state pensioners £69,000

State pension disaster looms as millions to be £70,000 worse-off thanks to retirement age hike

Young people in Britain face the prospect of losing nearly £70,000 in state pension payments over their retirement years, fresh research from wealth management firm Rathbones has revealed.The analysis highlights how Generation Z stands to be significantly worse off as the state pension age climbs to 68, with those currently aged 25 potentially missing out on up to £69,900 compared to what they would receive if the retirement age stayed at 66.Mea…

State pensioners set to lose £69,900 each after state pension age change

State pensioners are set to lose as much as £69,900 each after the pension age rises.

DWP making 'elephant in room' change which could cost state pensioners £69,000

Gen Z people could lose up to £69,900 in DWP state pension income with the state pension age rising to 68, according to new analysis by Rathbones.