State pension hope dashed for many women

Adrian Holliday

It was a good try. Labour peer Lord McKenzie attempted to stall the government's plan to hike the state pension age. The issue is particularly relevant for women born in the mid 1950s who face a longer working life, with less notice to save for retirement. Although the government has agreed to delay the rise of the state pension age to 66 by six months, McKenzie had hoped for an 18-month extension on top of this pull-back.