To avoid a shortfall, potentially affected women should call the DWP to see if they have been underpaid their state pension.
ONS are forecasting that around 19% of all newborn girls (and 14% of all newborn boys) will become centenarians. We’re calling this lucky, long-living group Generation Centenarian.
Many people may need to reduce the income they are taking from their drawdown pension funds in light of recent falls in the value of their investments resulting from the economic impact of Covid-19.
This October marks the seventh anniversary of the start of workplace pension auto-enrolment, perhaps proving that some grand government schemes can be a success.
Pension savings have grown after six years of automatic enrolment, but more progress is required to provide most people with adequate funds for retirement.