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

Draft framework for unlocking DB scheme surplus welcomed
The Society of Pension Professionals (SPP) has welcomed the Department for Work and Pensions’ draft Regulations on surplus flexibilities for DB pensio
Smaller pensions must prepare for wide usage of dashboards
Limited resources and historic data gaps could leave smaller schemes facing disproportionate operational pressure, as trustees urged to address data w
Wage data likely to be key factor in triple lock uplift
Average earnings (including bonuses) for April-June stands at 4.1%. Next month’s figure is used as part of the formula to determine the increase in th

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.