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

DC providers adapting to modern retirement behaviours
Five-year review shows material rise in growth asset allocations across both accumulation and retirement phases. Retirement strategies increasingly al
When life happens pensions pause
Over a third (37%) of UK adults with a private pension who have experienced a major life event say they have reduced, paused or stopped pension contri
Trusteeship strengths and cautions on DWP consultation
The Association of Professional Pension Trustees (APPT) has submitted its response to the Department for Work and Pensions (DWP) consultation on Trust

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.