With days to go before International Women's Day and the 2017 Budget, Baroness Ros Altmann offered some thoughts on the gender divide in pensions, and the changes she'd like to see in the upcoming Budget.
For Altmann (pictured) there are many failings in today's pension system and not enough is being done to make the system fair for women. The former pensions minister explained women's lives were different to men's due to their societal and family roles, and the pensions system had failed to make proper allowances for this. "Sadly it seems to be a male dominated environment which does not really take proper account of how some of these policies effect women," she said. "Outrageous" NI system Altmann said she would like the Chancellor to recognise current National Insurance (NI) ru...
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