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When will my pension start?
The full new state pension currently begins at age 66, but this is set to increase to 67 in April 2028. This change means many people will have to wait longer to receive their state pension. Fixed-term annuities are becoming more popular as a way to cover this gap, providing income during the waiting period.
Stories that explain this
More retirees buying fixed-term annuities to cover years before state pensionRelated explainers
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