Women will no longer be punished for looking after their children.

Like it? Share it!

In a major change Mums who stay at home to raise their children will no longer receive smaller  state pensions, under plans to be published by the UK Government this week.

In what will be billed as the most radical shake-up of the state pension for a generation, ministers will outline proposals to introduce a “single tier” pension of around £144 a week.

Women’s private and workplace pensions are also often less generous than men’s because they tend to earn less and take time away from their jobs to have children.

I was glad that I wasn’t the only one when I read that more than 70 per cent of women said they found pensions complex and 28 per cent  said they were scary.

I’ve decided one of my New Year’s Resolutions is to get to grips with my pension so I’m off to chat with my cousin’s hubby who is an Independent Financial Advisor.

Go and explore Sarah Pennells helpful site who is the founder and editor of SavvyWoman.co.uk – a finance website to help women get more from their money.

What do you think of the new Government’s policy?

Read more in The Sunday Telegraph

Related Articles

The Sue Atkins

Parenting Show

Discussing every possible aspect of parenting, giving you advice and support on topics which affect your daily life. Each free, weekly episode is bursting with practical tips, techniques and ideas.

Hi, I'm Sue Atkins

I will teach you my no-nonsense, simple techniques & give you hundreds of my expert parenting articles, videos & podcasts so you can get back to the business of having fun with your family!

As Seen or heard in