Mind the Gap: Rising State Pension Age and DB Schemes

With the State Pension age increasing, many DB scheme members are experiencing a widening gap between when their scheme benefits are paid and when the State Pension starts.
In his latest Pension Funds Online blog, Ray Hughes, Director & Consulting Actuary at Hughes Price Walker, examines the implications for members and what trustees and sponsoring employers can do to help them and highlights the need for stronger planning and communication.