The state pension age for women will be 65 in November, and is rising to 66 by 2020. Women still get a lower state pension than men and rely on their state pension more than men do in retirement. How much is the state pension? What happens to your state pension if you have children or care for a family member? Sarah Pennells talks to Sir Steve Webb, who’s Director of Policy at Royal London – and was pensions minister in the coalition government.
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The SavvyWoman Podcast is sponsored by Addidi, the voice of Women’s Wealth.