Property News · July 9, 2016

Women caught in pension age trap ‘are £40,000 out of pocket’


Select committee chair calls for help for victims having to sell their homes or rely on others as they are forced to wait for their state pensionOlder women are having to sell their homes, go without essentials and rely on their own elderly parents because of the unfair way changes to the state pension age have been made, according to Labour’s Frank Field.The veteran MP says that many women born in the 1950s have been “grotesquely disadvantaged” by the government’s handling and communication of the changes. He is one of a number of high-profile figures to speak out about pension age increases that some women have said will leave them as much as £40,000 out of pocket. Continue reading…

Source : theguardian.com
Read more…Women caught in pension age trap ‘are £40,000 out of pocket’

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