Pension reform

Published on 08 March 2011 11:00 AM

Responding to a statement today from the Work and Pensions Secretary Iain Duncan Smith that the UK Government will “fundamentally simplify” the pension system, Age Cymru’s Director of Influencing and Programme Development, Victoria Lloyd says:

“Sweeping simplification of the state pension system is needed so that everyone can expect a decent, flat-rate pension, set at a level high enough to help most people avoid poverty without recourse to means-tested benefits.

“Means-testing is failing older people, with an estimated 1.6 million pensioners not claiming the benefits to which they are entitled and so living in needless poverty.

"Meanwhile, with such a complex system, people in work are totally confused and often worry that saving will not be worth their while. By developing a system that lays out clearly what people can expect, the UK Government will reduce fear for those approaching retirement.”


Your Age Cymru

Set your location to see what Age Cymru offers in your local area.

Age Cymru Advice:
08000 223 444
Advice line:
08000 223 444

Like us on Facebook

Follow us on Twitter

What does Age Cymru do in my area?

Donate today

Help support our work with older people

Donate now



A couple getting advice

About Age Cymru

Find out what Age Cymru does, its history, how it raises money and more about the charity.

Close window
Display options

Set the appearance of this website so you can read it more easily

Text size


To see information relating to England, Northern Ireland or Scotland set your preference below: