Despite reforms to the state pension age for men and women, the state pension gender gap is ‘narrowing too slowly’. That’s according to new research by Which?. The consumer group discovered that men are still receiving a higher state pension income than women, an average of £28 a week more.
State pension gender gap narrowing too slowly
This 658 word blog post explores the state pension gender gap, looking at the introduction of the new flat-rate state pension in April 2016 and the gradual impact this is having on closing the gap between what men and women receive from their state pension in retirement. It finishes with a call to action to review expected retirement income and request a state pension forecast.