Reversing womens’ pension age would cost £181bn

Reversing womens’ pension age would cost £181bn

FT Adviser reports “reversing the hike in womens’ state pension age back to 60 would cost the public purse more than £180bn, according to the government.  The retirement age for women increased from 60 to 65 to be aligned with men's last year and will rise to 66 by 2020.  In 2016, the department for Work and Pensions (DWP) estimated that undoing state pension age increases for women would cost £77bn.”

“However, an update to its previous analysis has found that this figure has increased 136 per cent to hit £181.4bn, over the period 2010/11 to 2025/26.  Coupled with the costs of reversing changes to mens' state pension age this figure increases to £215bn.”  Read more 

shadow

About Us

We are a firm of highly experienced independent financial advisers based in Leamington Spa. Our core values are simple - integrity and professionalism - and have seen our business grow mainly through customer referrals and reputation.

Latest News

Get in Touch

Beaufort Wealth Management Ltd,
7B Tournament Court,
Tournament Field
Warwick,
Warwickshire,
CV34 6LG
01926 460156

Beaufort Wealth Management Limited is an appointed representative of The Tavistock Partnership Ltd, which is authorised and regulated by the Financial Conduct Authority. FCA No: 469862. Decisions should not be taken based solely on the content of the website and individual advice should be sought first. Regulations, levels and bases of taxation are subject to change and individual circumstances. The information contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK. No responsibility is accepted for the accuracy or content of external websites.

Content