Pensions - Articles - Government must learn lessons from State Pension Age case


As campaigners against the rise in female state pension age return to the Court of Appeal Helen Morrissey, pension specialist at Royal London, said:

 “Equalising state pension age between men and women is the right thing to do given that women tend to live longer than men. However, there were gaps in how these changes were communicated with many of those affected saying they did not receive government communications or read any media coverage. This left many of these women with inadequate time to prepare and many have experienced financial distress as a result. Clear and regular communication over an extended period of time on issues such as this is absolutely vital if the message is to get through. This is a heart breaking situation that the government needs to learn from.”
  

Back to Index


Similar News to this Story

Older retirees lose out falling into best/worst income gap
Older retirees have most to lose by falling into the best/worst income gap, Just Group analysis reveals·Gap between the best and worst annuity rates i
Beazley agree £8bn Zurich buyout as Iran tensions dominate
FTSE 100 scales fresh heights as its defensive qualities shine. Energy stocks and miners benefit as Middle East tensions rise. Insurer Beazley agrees
3 in 4 DC schemes to use LTAFs to access private markets
Almost three-quarters of UK defined contribution (DC) pension schemes (69%) are planning to access private markets through Long-Term Asset Funds (LTAF

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.