Any idea that ‘pensioner poverty has been solved’ is challenged by figures in the 2015 edition of “Households Below Average Income” (HBAI) published recently by the DWP and covering up to 2013-14.
Across the UK, 1.6 million pensioners (14%) were considered to be in ‘relative low income’ and 1.9 million (16%)…
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Exciting news… following my last post, the hundreds of women who converged on Westminster on the 18 May to lobby their MPs – some with their husbands – have forced the Government to rethink its plans over pensions. Congratulations to all of those women and everyone else who wrote to their local MP!
Well not exactly… but a recent story in the press pointed out an interesting new trend. In 2010, over a third of newly created jobs were being taken by those over 65 and out of work. These people might be taking up a job at 65+ to cover what their pension won’t stretch to, and to make up for savings which no longer pay decent interest. Or, given the role of grandparents these days, even to pay their grandchildren’s university fees! The news often focuses on youth unemployment and worries about what young people – the lost generation – are […]
