MPs speak out on 'unacceptable' over 50s poverty

The government has been called upon by a parliamentary committee to take action in order to end the "unacceptable" levels of over 50s poverty.

A new report by the Work and Pensions Committee has proposed a raft of new initiatives in order to help the two million pensioners who are currently classed as poor.

The body welcomed the positive impact demonstrated by programmes such as pension credit and benefits on housing and council taxes, but called for new innovations in order to stimulate flagging take-up of the schemes.

Among the other proposals included in the report are the abolition of the default retirement age and an improvement in financial planning advice for over 50s.

Terry Rooney, the committee's chairman, said: "The government has done a lot to help pensioners, but there is a lot still to do [it] needs to develop new and innovative programmes to lift pensioners out of poverty."

This comes after older people's charity Age Concern called for more coherent parliamentary strategy to tackle "worrying and shameful" levels of over 50s deprivation.

To view businesses and services in our Finance section click here

Homebase is the UKs second largest home improvement retailer and is recognised for choice, style ...
Silver Travel Advisor
Have your say and you could win a Greek Island villa holiday. If you like holidays and ...
For some of the most talked-about TV, get Sky TV. In all, we've 100+ digital entertainment ...
Make a Will Online
Make a Solicitor checked Will Online with Gloss Legal
Travel News
All-inclusive holidays 'offer value for money'
Finance News
Recession 'causing problems for over 50s abroad'
Dating News
Online dating 'can give over 50s another chance at love'

We Luv Sweets
New Zealand Holidays
Kirra Tours 100 Percent Kiwi New Zealand Holidays by New Zealanders. Although larger than the UK, New Zealand has a ...
The only prostate supplement with 100% pure Beta-Sitosterol