Pensions minister Steve Webb has promised that the goverment will create a transitional arrangement for women hit hardest by the rise in the state pension age (SPA).
The Labour opposition should have come up with a solution to help women disproportionately hit by the rise in the state pension age (SPA) to 66 by 2020, pensions minister Steve Webb said.
The government has so far resisted offering amendments to the Pensions Bill which would ease the lot of half a million women who will have to wait up to an extra two years for their state pension under current plans.
The shadow pensions minister Rachel Reeves has urged the government to move forward with the Pensions Bill before the summer recess.
This week's final decision from the European Court of Justice to accept the preliminary opinion of its Advocate General, Juliane Kokott, on ending the opt-out insurance has from the relevant European non-discrimination directives is not a surprise.
Women are increasing their earning power but less likely than men to have financial protection should they suddenly be unable to work, according to new research.
Pensions minister Steve Webb has admitted over 500,000 women would be excluded from NEST under plans to raise the earnings threshold for inclusion from £5,035 to £7,500.
Shifting the link between public sector pension schemes and final salaries to a career-average earnings option could hit female retirees hardest, experts say.
In a document released on its website only a few hours before the Chancellor's Pre-Budget Report, the Office for National Statistics laid out the definitive cost taxpayers will have to bear for both the state old age pension and public sector pensions....
Women put pensions low on their list of priorities, believing it is the job of their partner to provide for retirement, while they worry instead about the needs of their family, suggests new research.