20 million – mainly low-earners – to lose out under pension reform

Experts say low-earners will bear the cost of reform that promised to be fairer and simpler – and its impact will be greater than that of tax credits, which forced U-turn Twenty million people will lose out from the introduction of a new flat-rate state pension with the burden falling most heavily on low-paid private sector workers, according to analysis by leading pension experts. Related: Women’s state pension age rise: an unfair burden or a necessary reform?Continue reading...