Cat Smith
Main Page: Cat Smith (Labour - Lancaster and Wyre)Department Debates - View all Cat Smith's debates with the Attorney General
(8 years, 3 months ago)
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Caroline Nokes
The new state pension is much more generous for many women. More than 3 million women stand to gain £550 a year by 2030 as a result of the changes.
Cat Smith (Lancaster and Fleetwood) (Lab)
May I take this opportunity to welcome the Minister to her place? As a fellow feminist, I am sure she will agree that we are talking about our mothers’ generation, who broke down the barriers on equal pay. What message does it send to their daughters, a generation burdened with huge amounts of student debt, when their mothers have been short-changed by the lack of transitional arrangements for their state pension? What incentive is there for younger women to trust the Government when it comes to saving for their future?
Caroline Nokes
I thank the hon. Lady for her welcome.
What we have seen from the reforms that the Government have made is that women of her age and my age are doing more now to save for their future than ever before. It is really important to reflect that some of the previous arrangements dated back to the 1940s. The world has moved on an incredible amount since that time and, I would argue, absolutely for the better.