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Why have women been receiving underpaid state pensions?
It was found that thousands of married women could have been receiving underpaid state pensions. The Department of Work and Pensions has since been investigating its records and making payments. The former pensions Minister Steve Webb, who first highlighted the issue, believes that many more women, such as divorced and widowed women could be effected, and that the DWP could be looking at a bill in excess of £100 million. Woman’s Hour’s Jane Garvey speaks to Steve Webb and financial expert Jasmine Birtles about pension planning, and the impact coronavirus could have on future pensions.
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