When will you be able to claim your state pension? The answer to such a basic question remains uncertain as ministers debate how to balance the rising cost of pensions and the impact of demographic change.
And that could make planning your retirement more challenging. Remember that the state pension age does not determine when you can retire.
It is simply the age at which you can start to claim your state-pension benefits; if you want to stop work before that age – or, indeed, after it – there’s nothing to stop you doing so. And you can typically start taking money out of private pension schemes from the age of 55 onwards.
STM Group plc (LON:STM) is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group was formed as a strategic investment company specifically to build a leading financial services group originally operating in the international corporate and trustee service provider (CTSPs) sector.
