Pensions - Articles - More women in work due to rising female pension age


 Since April 2010 the age at which women can first receive a state pension has been rising from 60. It is currently at 61 years and 5 months and is due to rise to 66 by 2020.

 So far this change, first legislated in 1995, has had a strong effect in increasing employment among those women directly affected by the reform. It has also changed the behaviour of some of the husbands of the affected women - possibly because they are delaying their own retirement so they both retire together or perhaps to cover their wives' lost pension income with additional earnings.

 These are among the main findings of new research launched today by researchers at the Institute for Fiscal Studies. This report has been supported by the Nuffield Foundation and the IFS Retirement Saving Consortium.

 To view the full release please click here

Back to Index


Similar News to this Story

Wish list for the occupational pensions industry in 2025
As one year closes and another begins, it's an opportune moment to set our sights on the future. The UK occupational pensions industry faces nume
PSIG announces outcome of Consultation
The Pensions Scams Industry Group (PSIG), which was established in 2014 to help protect pension scheme members from scams, today announced the feedbac
Transfer values fell to a 12 month low during November
XPS Group’s Transfer Value Index reached a 12-month low, dropping to £151,000 during November 2024 before then recovering to its previous month-end po

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.