Pensions - Articles - Industry response to changes to state pension age for women


 Michelle Mitchell, Charity Director of Age UK said:

 "We welcome the changes that have been made, they have listened to our concerns and we appreciate that it is a significant financial commitment from the Government at a difficult time. This will give a much needed 6 month respite to all the women who would have had to work an extra two years.

 "We would have liked the changes being made to have gone further. Having faced uncertainty twice already these women must not be affected by any further changes to their state pension age again without sufficient notice."

 "All of us at Age UK would like to thank the thousands of women that have helped our campaign."

 Paul Green, Saga Head of Communication, said:

 "The equalisation of the state pension age is the right thing to do, as is giving people time to prepare and plan for retirement.

 We are pleased that the Government has listened to those who, like Saga's Dr Ros Altmann, spoke up for the unfairness faced by many women who were rightly angry that they would have little time to prepare for the change. The six month delay goes someway to put right this wrong and is a victory for fairness and common sense, our only regret is that this issue was not recognised and taken seriously sooner."

Back to Index


Similar News to this Story

DC Pension Tracker Q3 2025
The Aon UK DC Pension Tracker fell over the quarter, with the younger savers seeing decreases in their expected outcomes, while the older members’ exp
Employers must take lead in retirement adequacy crisis
Employers will end up taking most of the responsibility for helping to solve the retirement adequacy problem if we are to see real and impactful chang
Two thirds of Administrators involved in pension strategy
With forthcoming legislation, from Inheritance Tax on unused pension pots to the 2025 Pension Schemes Bill set to have considerable implications for p

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.