Ministers to revive Blair-era Pensions Commission to tackle savings crisis

Posted on July 20, 2025 by Admin

Revived body will examine future of the retirement system as analysis shows pensioner income is set to fall

The government is resurrecting the Pensions Commission, amid fears that a retirement crisis could mean today’s workers will be poorer in retirement than the current crop of pensioners.

The move by ministers to revive the landmark commission, established by Tony Blair’s government in 2002, comes as analysis shows that the income of pensioners is set to fall in the coming decades.

UK’s LGBTQ+ community ‘more likely’ to face real hardship in retirement

Posted on August 19, 2023 by Admin

Data shows 44% at risk of struggling to afford food and heating after leaving workplace

Close to half of individuals who identify as LGBTQ+ are heading for a retirement where they are at risk of struggling to afford such basics as food and heating, according to new UK data.

Looking across various measures including amounts saved and pension scheme membership, researchers concluded that members of the LGBTQ+ community were “far more likely than the general population” to struggle in retirement.

‘Lost generation of unemployed’: Covid hits careers of over-50s

Posted on February 4, 2021 by Admin

People over 50 who lose their jobs more likely to suffer long-term joblessness than other age groups

Lisa Griffiths, a 61-year-old special needs nanny, has spent her career easily moving from one contract to the next. So when her last, five-year contract ended recently, she was shocked to find new employment opportunities far more limited than she had expected.

Then, while she was considering her options, the pandemic hit and work dried up altogether.