State pension age change means women will miss out on a FURTHER £9,000 - will ...

If your state pension age has been moved from 60 to 67 it has claimed you could miss out on investment opportunity.

This is because a number of people may have changed the details of their private pensions investments anticipating their retirement at 60.

As they reach state pension age many Britons move their private pensions into less volatile investments, which offer more stability but lower returns.

However, doing this too soon means that many might have missed out on higher returns.

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State pension age: Change means women will miss out on £9,000

Money Mail estimated that a pensioner with the average pot (£50,000) could lose out on around £9,357.

This is not he first time tweaks to the pension age has caused outrage.

A number of women have claimed that the changed in state pension age has adversely affected their health and left them struggling.

One tweeted: “1000s of women have lost £1000s of pounds due to changes in State Pension age for women. They paid into the system to retire at 60!!!”

Another described themselves as a “careworker on NMW and also struggling with ageing body, osteoarthritis and osteoporosis but condemned to work til 66.”

What are the state pension age changes for women? 

The Government has increased state pension age fro women from 60 to match men at 66 in 2020 and then to 67 by 2028.

The UN committee on the Elimination of Discrimination against Women

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