Gender

The Work and Pensions Select Committee has started a probe to explore the economic effects of allowing certain women to draw their state pension early.

Women affected by the increase in state pension age from 63 to 66 could access their savings early if they accept lower weekly payments, according to MPs.

Pension fund boards and executive committees across Europe have shown the strongest female representation in the capital markets sector, according to a report by New Financial.

MPs have criticised the Department of Work and Pensions (DWP) over its communication of pension reforms and called for urgent changes to the information being sent to people approaching retirement.

A large majority of the pensions industry believes the Financial Conduct Authority (FCA) is right to investigate asset managers and investment consultants.

A fresh approach is required

The pension system is still penalising women

In order for the government's shared parental leave plans to make headway and encourage take-up among fathers, it must be used on a ‘use it or lose it' basis, a report says.

The introduction of gender neutral annuity pricing will lead to an increase in the number of people looking to buy individually underwritten annuities, LV= says.

The move to gender-neutral annuity pricing will lead to a mismatch between assets and liabilities for many schemes, warns Pitmans Independent Trustees.