State pension ‘is reducing gender retirement gap’ – changes heralded for women retirees | Personal Finance | Finance

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“However women are still facing retirement with substantially less saved in their pensions than men.

“There is much work to be done to help boost women’s retirement incomes.”

There remains disparity, though, between the basic and new state pension, with some individuals asserting the two tier scheme should be scrapped.

Jan Shortt, General Secretary of the NPC, previously told Express.co.uk: “It seems ridiculous that the UK, which already has one of the lowest state pensions in the developed world, should discriminate between our oldest pensioners and those who retired more recently. Surely all pensioners ought to be treated equally?”

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