In October 2019 campaigners sought support from the Government for women and the pension age changes. Up until 2010, women received their State Pensions at the age of 60, but that has been rising since then. This has led to hardship for Women born in the 1950s, as the retirement age for women has increased from 60 to 65. This is in line with men, and will go up to 66 by 2020, and to 67 by 2028. This has meant that many say they didn’t have enough time to adjust their finances as they had to cope with years without a State Pension. Seeking professional financial advice could help you to plan for your retirement.
