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The state pension age could be raised to 71 under the new Labour Government amid concerns over the retirement benefit’s affordability, analysts claim. As it stands, Britons are able to access the Department for Work and Pensions (DWP) payments once they reach 66 but this is expected to change. Currently, the state pension age threshold is legislated to rise to 67 by 2026-28 with a further hike to 68 expected by 2044-46. Despite MPs having already voted on this timeline, an independent investigation is expected to look into when the state pension age will jump to 68. A previous reviews recommen…

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