Women will benefit from tax rules

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Women will be in a better position to take out and continue contributing to pensions under proposals...

Women will be in a better position to take out and continue contributing to pensions under proposals outlined in the latest paper for stakeholder provision One of the main initiatives involves removing the earnings link, meaning that people who are not earning can contribute up to £3,600 a year, either from savings or their partner's income The main beneficiaries of this proposal are likely to be women who take a career break to raise children Minister for Women, Baroness Jay, said the proposals ensure women have greater flexibility in providing for their retirement She said: "Taking ti...

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