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

Survey reveals divided confidence over VFM consultation
Sackers have announced the results of a recent webinar survey examining industry views on the proposed new Value for Money (VFM) framework for workpla
Partial reforms risk leaving millions with weaker protection
People’s Partnership has called for the FCA proposals (CP25/39) to apply to the whole defined contribution market, warning that partial reforms risks
£70bn pension risk transfer market forecast in 2026
The UK’s pension risk transfer market is poised for growth in 2026, with activity expected to surpass 2025 as larger schemes undertake more de-risking

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.