The state pension age for women and men may have equalised from today but the gender pension gap remains wide and requires 'urgent measures' to fix, according to Baroness Ros Altmann.
Today (6 November) marks the day the state pension age - at 65 -becomes equal for both men and women and it will rise in tandem from now on. Women's pension age has been rising since 2010, under legislation passed in 1995, but new measures in 2011 accelerated the increases and the pension age for both men and women is currently set to rise to 66 by 2020. Former pensions minister turned campaigner Baroness Ros Altmann argued, however, that the equalisation of the state pension age did not spell equality among men and women. According to Altmann, women are at greater risk of povert...
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