OverviewThe Normal Minimum Pension Age is currently set at age 55 and is due to increase to age 57 in April 2028. However, as we cover here, clients may have various forms of protected retirement ages in place – all with associated conditions attached to them.
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Technical resources
Webinar: tax planning considerations following Labour's first Budget Tax year end planning Replacement of the lifetime allowance Retirement Income Pension Forum The Platform Clinic Pension, retirement and tax planning Pensions tax relief and annual allowances The beneficiaries flexi-access drawdown conundrum Retirement and pensions training Personal tax and trust planning training
Technical hub Retirement income Regulation, due diligence and compliance Training support
Technical matters
Technical matters
Webinar: tax planning considerations following Labour's first Budget Tax year end planning Replacement of the lifetime allowance Retirement Income Pension Forum The Platform Clinic Pension, retirement and tax planning Pensions tax relief and annual allowances The beneficiaries flexi-access drawdown conundrum Retirement and pensions training Personal tax and trust planning training
More support
Paraplanner technical hub
Paraplanner technical hub
Technical hub Retirement income Regulation, due diligence and compliance Training support
The NMPA and protected retirement ages
The government stipulates at what age an individual may start to take pension benefits. This is known as the Normal Minimum Pension Age (NMPA). Since it was first introduced in April 2006, the NMPA has changed over time. As such, two different forms of protected retirement age have been introduced – 2010 protected pension age and 2028 protected pension age.
