Pension changes will penalise women

Government proposals to raise the income trigger for pensions auto-enrolment will leave women worse off, Labour has warned.

According to the coalition government’s own consultation on the plans, increasing the amount that employees have to earn before being enrolled into a workplace pension from £8,105 to £9,205 will exclude 340,000 people.

The consultation found that three-quarters (75%) of those affected by the changes will be women, as they are more likely to work part-time or earn less than men.

Shadow pensions minister Gregg McClymont said that the government’s plans will make the situation even worse. “Ministers have moved the goalposts on workplace pensions once again and that means another quarter of a million women will miss out,” he said.

www.personneltoday.com/Articles/22/10/2012/58925/changes-to-pensions-auto-enrolment-will-hit-women-hardest.htm