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Six million men and women will have to wait a year longer than they expected to get their state pension, the government has announced.

The rise in the pension age to 68 will now be phased in between 2037 and 2039, rather than from 2044 as was originally proposed.

Those affected are currently between the ages of 39 and 47.

The announcement was made in the Commons by the Secretary of State for Work and Pensions, David Gauke.

He said the government had decided to accept the recommendations of the Cridland report, which proposed the change.

Media playback is unsupported on your device Media caption The change was announced by Secretary of State for Work and Pensions, David Gauke

"As life expectancy continues to rise and the number of people in receipt of state pension increases, we need to ensure that we have a fair and sustainable system that is reflective of modern life and protected for future generations," he told MPs.

Anyone younger than 39 will have to wait for future announcements to learn what their precise pension age will be.

'Cocktail of ill health'

The change will affect those born between 6 April 1970 and 5 April 1978.

The government said the new rules would save the taxpayer £74bn by 2045/46. While it had been due to spend 6.5% of GDP on the state pension by 2039/40, this change will reduce that figure to 6.1% of GDP.

Labour said the move was "astonishing", given recent reports suggesting increases in life expectancy were beginning to stall, and long-standing health inequalities between different income groups and regions in retirement.

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State pension calculator - check your age and entitlement

Shadow work and pensions secretary Debbie Abrahams told MPs that many men and women were beginning to suffer ill health in the early 60s, well before they were entitled to their state pension.

"Most pensioners will now spend their retirement battling a toxic cocktail of ill-health," she said.

"The government talks about making Britain fairer but their pensions policy, whether it is the injustice that 1950s-born women are facing, or today's proposals, is anything but fair."

Media playback is unsupported on your device Media caption Shadow work and pensions secretary Debbie Abrahams says the pension change is "anything but fair"

TUC general secretary Frances O'Grady said the government risked creating "second-class citizens".

"In large parts of the country, the state pension age will be higher than healthy life expectancy," she said.

"And low-paid workers at risk of insecurity in their working lives will now face greater insecurity in old age too.

"Rather than hiking the pension age, the government must do more for older workers who want to keep working and paying taxes."

Age UK was also critical of the change.

"In bringing forward a rise in the state pension age by seven years, the government is picking the pockets of everyone in their late forties and younger, despite there being no objective case in Age UK's view to support it at this point in time," said Caroline Abrahams, charity director at Age UK.

"Indeed, it is astonishing that this is being announced the day after new authoritative research suggested that the long term improvement in life expectancy is stalling."

Pensions Commission

The government has also committed to regular reviews of the state pension age in the years ahead.

That raises the prospect of further rises. Indeed a report by the government's actuary department in March suggested that workers now under the age of 30 may have to wait until 70 before they qualify for a state pension.

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Tom McPhail, head of policy at Hargreaves Lansdown, said the government would need to do more to encourage saving, particularly amongst younger people.

"For anyone yet to reach age 47, there is still time to adjust their retirement plans by looking to contribute more," he said.

"We feel it is important the government meets them halfway; we need a national savings strategy to help people save and invest for their future. A good starting point would be for the government to look at a savings commission."

The SNP said it remained opposed to raising the pension age beyond 66 and reiterated its call for an independent pensions commission to be set up to look at "demographic differences across the UK".

In response, Mr Gauke said the Scottish government would have the power to provide extra financial help for those approaching retirement if they so chose.

"This announcement will be a blow to many people. It is absolutely crucial that everyone - no matter what their age - seeks pensions advice from a reputable organisation and really understands their options and how those options fit in with their own retirement expectations.

"I know young people don't think this really impacts them as it is such a long way off, but they are the ones who will be impacted by state pension ages and support in the longer term more than any of us," said Carl Robertson, from Smart Pension.