Saga head to demand rethink on pensions calculator policy

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Saga head to demand rethink on pensions calculator policy

The head of Saga has described an impending change to pensions policy as being unfair on women and said she will call on the government to review the new regulations.

Dr Ros Altmann, director general at the company, made her comments regarding the proposed changes to women's state pension age.

She claimed that even the government admits that ladies will not have time to prepare for the amendments and suggested females are being treated "callously".

"A rethink is essential. They penalise at least half a million women making them wait an extra two years for their state pension," Dr Altmann remarked.

In her opinion, the policy has been put together by men who do not understand the lives of women.

The Department for Work and Pensions unveiled its plans for the change in the retirement age on November 3rd, with pensions minister Steve Webb saying the increase to 66 years old has been brought forward because people are set to live for longer.

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