In STM Group’s field of expertise, they’re aware that there has been a great deal of discussion and concern about gender equality in regard to the UK state pension – especially the impact on around four million women born in the 1950s whose retirement plans have been affected by a change in the law which raised the retirement age for women from 60 to 66.
Last year, two women affected by that decision took their case to the High Court. Supported by the BackTo60 campaign group, they chose to challenge the Department of Work and Pensions’ decision. The High Court rejected their appeal – a decision which many campaigners see as an example of why #IWD2021 and #ChooseToChallenge are so relevant. As it stands, women are only able to claim their UK state pension when they reach the age of 66, and from 2028 the entitlement age increases to 67.
STM Group plc (LON:STM) is a multi-jurisdictional financial services group listed on the Alternative Investment Market of the London Stock Exchange. The Group was formed as a strategic investment company specifically to build a leading financial services group originally operating in the international corporate and trustee service provider (CTSPs) sector.