Govt will reconsider women's state pension changes

clock

Pensions minister Steve Webb said the proposals to change the state pension age will be reconsidered.

The bill contains controversial changes to the state pension, including raising the state pension age to 66 by 2020. The move will hit some women in their 50s disproportionately hard, and a petition run by Unions Together and signed by 100,000 people will be presented to the minister today in Westminster. Webb said the government will "reflect" on women whose state pension age would rise by between one and two years under the new proposals. No date for the second reading of the pensions bill has been set yet, but it is expected in the next few weeks. Age UK has also taken actio...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •