Shadow Pensions Minister Gregg McClymont
Media playback is unsupported on your device

'Losers' pensions warning by Labour's Gregg McClymont

More than 400,000 women on the verge of retirement will miss out under the government's pensions reforms while men in the same position will still benefit, according to Labour.

Ministers had insisted their White Paper would help women by handing them an improved state pension.

However Shadow Pensions Minister Gregg McClymont said there would be ''heavy losers'' if the proposals go ahead.

  • 14 Jan 2013
Go to next video: Flat rate pension 'a simple plan'