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Should Insurance Be Sexless - Martin's Blog & Site Vote
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The cynic in me says insurers also know overall men earn more so can afford to pay more.
There would be an uproar if women got paid less for being police as while they are often helpful in bringing a situation under control they obviously cannot bring as much physical force to the table as a man.
It's unfair, women have been doing the "we're discriminated against" thing for years and it's about time equal rights means equal rights. They should pay the same as men, end of.
But if you equalise pension annuity payments by taking out gender as an issue, then you have to apply the same principle elsewhere e.g. car insurance.
I personally can't believe that I (as a man) can have made 30 years of pensions' contributions, only for the authorities to change the rules without compensating me
For the next ten years I am going to save for retirement outside a pension as my life expectancy simply doesn't make it worth it.
Fortunately for us as a couple, my partner has larger pension savings and so may conceivably benefit at my expense.
I'd better keep her sweet with an anniversary weekend break! And put that prospective affair on hold