Pension provider Aegon is calling on the Government to consider introducing a more flexible State Pension age and early access to avoid the harm to some people of further “significant” increases in State Pension age up to 74.

Work and Pensions Secretary Mel Stride told MPs in the Commons today that the rise in the State Pension Age to 68 will be put on hold.

Plans to bring forward a rise in the state pension age which were expected to be announced in May have been put on hold, according to newspaper reports.

The Government is consulting on proposals to bring forward the rise in the State Pension Age to 68 from 2044 to 2037 resulting in millions being forced to wait longer for the state pension.