Buzz People

State pension gender gap 'narrowing too slowly'

Men still receive an average of £28 more a week in state pension than women despite reforms starting to narrow the gap, analysis suggests.
A retired man typically receives £154 a week, compared to £126 a week for women, according to Which?.
The consumer group studied official data two years after the introduction of the new state pension.
One architect of the new pension said the gender gap would be effectively eliminated within a decade.
Nearly 13 million people in the UK receive the state pension.
"Many pensioners will be shocked by the differences in average payouts to men and women and those qualifying under the old and new systems. Some pay gaps will close eventually, but not soon enough for some," said Harry Rose, editor of Which? Money.

http://www.bbc.co.uk/news/business-43835706
Register Now