Women's SPA rise pumped £2.1bn into economy - IFS

clock

The rise of the state pension age for women improved public finances to the tune of £2.1bn as employment rates for both women and men increased, research from the Institute for Fiscal Studies has found.

The 2010-12 gradual increase in the SPA for women from 60 to 61 concluded in April 2012 and was part of the reform to increase the age to 65 by 2020, implemented by the government in 1995. The l...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Barnett Waddingham sees revenue rise 12.8% to £181m

Barnett Waddingham sees revenue rise 12.8% to £181m

Consultancy points to year of ‘standout commercial success’

Jonathan Stapleton
clock 28 October 2025 • 2 min read
PASA publishes guidance on the use of data and AI

PASA publishes guidance on the use of data and AI

AI introduces ‘unprecedented’ risks and challenges and the industry must ‘embrace innovation responsibly’

Holly Roach
clock 28 October 2025 • 1 min read
The UK's biggest pension consulting firms by revenue

The UK's biggest pension consulting firms by revenue

PP has analysed the accounts of the biggest pension consulting firms

Jonathan Stapleton
clock 28 October 2025 • 1 min read
Trustpilot