Pension provision 'must be improved' for women

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STEVE Bee, head of pensions strategy at Scottish Life, has called on the Government to take steps to allow all women to make adequate pensions provision ahead of the 2010 deadline for pensions reform.

A total of 70pc of women currently end up with no state pension entitlement, or have a reduced one due to incomplete contributions, he said. "Hundreds of thousands of women haven't made the pensions contributions they need to make to qualify for the maximum amount of the Basic State Pension (BSP). "The Government has recognized the problem and, to their credit, has decided to fix it so that from 2010, 70pc of women will get the full BSP. But why not fix it for all women?" Bee added: "Also, in the run-up to 2010 deadline, what about the women who know they have not made adequate contri...

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