Former pensions minister Steve Webb says it is 'not sustainable' to hold the retirement age - but raising it to 70 should be a 'last resort'

The Treasury has told its OBR watchdog that the threshold will increase to 68 between 2037 and 2039.

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or…