Women approaching retirement could need payment protection insurance claims to help add to their income as the pensions industry is currently facing a crisis.Unison general secretary Dave Prentis said that females employed in the public sector will find it difficult to enjoy retirement if their current financial circumstances do not change.Pay freezes and rising unemployment has meant that many women are being forced to work past their retirement age and for less money, stated Mr Prentis."The majority of public sector workers are women, who are struggling to pay their bills and feed their families in the face of a pay freeze and rising inflation," he added.Unison is currently running an advertising campaign to raise awareness of the funding crisis many people approaching retirement are facing.Recent research from LV= found that 4.3 million people in the UK have retired and then gone back to work.John FieldmanHaving worked in the city for 19 years, John's main focus is interest rates and corporate finance.
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