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Women – Changes to your State Retirement Age

Those particularly disadvantaged by the changes are women born in 1953 and 1954, who have seen their state pension age rise by up to 18 months.

The state pension age for women was due to rise from 60 to 65 between 2010 and 2020 but the Government decided to speed up the process in 2011. As a result the state pension age for women is due to go up to 65 in November 2018 and then to 66 by October 2020.

Critics of the accelerated equalisation believe it is unfair on women who were born in the 1950s.

If you fall into this category, you will need to rethink your retirement plans at relatively short notice and we would advise that you talk to us at Johnson Gibbs. We can review your current pension planning and advise you as to the potential shortfall, if it exists and devise a plan to eliminate the gap.

The debate was triggered after an online petition for fair transitional arrangements secured over 100,000 signatures: https://petition.parliament.uk/petitions/110776

 

Investment Focus – Healthcare

This year has started with the sad loss of several much loved people in the public eye. David Bowie, Terry Wogan and Alan Rickman but to name a few. Sadly many more people suffer from the same and similar conditions.

The Healthcare Investment Sector continues to provide financial  support in the form of investment that will one day enable medical research provide the answers to Cancer and many other life threatening disorders, in the form of drugs and new treatments.

We remain positive about the opportunities that this presents for investors that are interested in investing in this sector.

For further information please contact us at Johnson Gibbs to benefit from our investment experience.

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