London Daily

Focus on the big picture.
Saturday, Jul 18, 2026

Generation of women in debt after 'absolutely devastating' state pension fallout

Generation of women in debt after 'absolutely devastating' state pension fallout

Data shared with Sky News from WASPI found a third of women affected by the changes are in debt, with as many as 80% saying they suffered financial hardship by the delay in finding out the retirement age had changed.

For 3.8 million women born in the 1950s, retiring at 60 was all they knew.

Until suddenly, they learned that they would have to wait a further six years to get their state pension.

An additional six years of working none of them, including Moira Holland, had planned for.

Ms Holland had dedicated 35 years of her working life to the care sector, after gruelling and tiresome work she was ready to retire at 60 and was counting down the days until she would be able to enjoy her retirement.

Vigorous work had also taken its toll on her mental and physical health, but knowing she was a year from retiring got her through the tough days.

The devastating blow came via a letter, informing her a year before she was due to say goodbye to work, that she would have to work for six more years and retire at 66 instead.

"It was devastating, absolutely devastating," Ms Holland tells Sky News. "We thought at 60 years old we'd get our pension.

"So I was all set up to retire, have a nice life, get my pension, be able to manage well, and then to get the letter to say no – 'you've not got to work one more year, you've got to work six more years till you're 66' – was terrible, absolutely terrible."

Ms Holland says the last-minute nature of the news has impacted her health.

"I had mental health problems and arthritis, you know really physically and mentally, I was really struggling, really struggling to work," she explains.

"Also, lots of my friends died at 60, and they never got their pension. So on top of the health problems, I'm thinking, am I ever going to see this pension? Am I going to live to be 66? Nobody knows. So really, it was very, very heart-wrenching."


Moira Holland

Why was the state pension age changed?


The state pension age was aligned to match men in a move praised for improving gender equality.

But campaigners from Women Against State Pension Inequality (WASPI) have long argued they were not given sufficient warning of the change, leaving millions with insufficient time to prepare or make other financial arrangements.

What has the impact been?


Exclusive data shared with Sky News from WASPI found a third of women affected by the changes are in debt, with as many as 80% saying they suffered financial hardship by the delay in finding out the retirement age had changed.

So far, 220,190 women impacted have died without answers.

Campaign chair of the voluntary organisation, Angela Madden, accuses the government of not meeting with members since 2016.

She tells Sky News: "The government has never really engaged with us. Guy Opperman was the last pensions minister to meet with the WASPI campaign in 2016, which really is atrocious given that we have lost so much through government incompetence.

"It is up to the government to change the state pension age if they must.

"There were probably reasons they did that, but not to have the courtesy to give us any notice so that we can do anything about it is absolutely disgraceful, and they should be ashamed of themselves."

Campaign chair of the voluntary organisation WASPI Angela Madden


'I wasn't given the opportunity'


Last year, the Parliamentary Ombudsman found the women should have been given at least 28 months' more notice.

It said the Department for Work and Pensions should have written individual letters to the affected women.

Ms Madden was also personally affected by the maladministration.

"Some women, myself included, chose to stop working before we knew about the state pension age increasing because our parents or members of our family required care," she says.

"I made the choice to leave a full time job and spend some time with my mother in her final days.

"Looking back, if given an earlier warning, I would have probably combined caring for my mother and working part-time. I wasn't given the opportunity to make that choice.

"Had the government done what they should have done and told us as soon as they knew about the law changing, then we would have all known about it well in advance and been able to make the right decisions."

What has the government said?


A Department for Work and Pensions spokesperson told Sky News: "We support millions of people every year and our priority is ensuring they get the help and support to which they are entitled.

"The government decided over 25 years ago it was going to make the state pension age the same for men and women as a move towards gender equality.

"Both the High Court and Court of Appeal have supported the actions of the DWP under successive governments dating back to 1995 and the Supreme Court refused the claimants' permission to appeal."

Newsletter

Related Articles

0:00
0:00
Close
For 36 Years, He Scammed About 300 Luxury Hotels — Until He Was Caught
England's World Cup Exit Expected to Cost Hospitality and Retail £334 Million
Former ICC Prosecutor Aide Speaks Publicly About Allegations Against Karim Khan
Opposition Raises Questions Over June Heatwave Power Grid Pressures
Mastercard Explores Sale of Majority Stake in UK Payments Operator Vocalink
Boeing Forecasts Global Commercial Aircraft Fleet Will Double by 2045
London GP Surgeries Receive £18 Million to Expand Primary Care Capacity
Health Advisers Recommend Nationwide Meningitis B Vaccination for Teenagers
OECD Warns UK Economy Faces Slower Growth and Weak Productivity
Treasury Places Major Global Cloud Providers Under Direct Financial Oversight
Financial Markets Rally as Shabana Mahmood Emerges as Leading Treasury Candidate
Incoming Government Prepares Thames Water Nationalisation and New North Sea Drilling Approvals
UK Government Plans Deep Cuts to Bilateral Aid for African Nations
United States and Iran Exchange Direct Strikes for Seventh Consecutive Night
Incoming Prime Minister Andy Burnham Confirmed as Labour Leader Ahead of Downing Street Handover
Britain Nationalises British Steel to Protect Scunthorpe Production and Strategic Supply
Andy Burnham Takes Labour Leadership and Prepares to Become Britain’s Seventh Prime Minister in a Decade
Tech Companies Want to Move Computing Off Your Screen and Onto Your Body
White House Teleprompter Operator Earned More Than $100,000 From Bets Linked to the President's Speeches
French Prime Minister Survives No-Confidence Vote After Controversial Budget Cuts
European Commission Opens Excessive Deficit Procedure Against France
French Senate Blocks Key Immigration Reform Measures
French Government Pushes EU Action Against Ultra-Fast Fashion Imports
French Parliament Debates Expanded Autonomy Powers for Corsica
France Reopens Autonomy Talks With New Caledonia After Months of Unrest
Bordeaux Wine Producers Seek Three Hundred Million Euro Aid Package After Export Collapse
French Farmers Block Spain Border Crossings Over Imported Food Competition
Cannes Film Festival Bans Fully Artificial Intelligence-Generated Films From Competition
TotalEnergies Shifts More Than Three Billion Euros of Green Investment From Europe to the United States
LVMH Chief Executive Bernard Arnault Presents Succession Plan for Luxury Empire
Kering Reports Fifteen Percent Revenue Drop as Chinese Luxury Demand Weakens
Sanofi Reports Positive Results From Messenger RNA Respiratory Vaccine Trials
France Places Energy Price Caps Under Review to Protect Households Through Winter
EDF Connects Two New Nuclear Reactors to France’s Electricity Grid
Mistral Secures European Commission Contract for Sovereign Artificial Intelligence Models
Renault Opens Next-Generation Electric Battery Plant in Northern France
Air France Signs Two Billion Euro Sustainable Aviation Fuel Deal to Cut Emissions
Marseille Launches Three Billion Euro Port Expansion to Strengthen Mediterranean Trade Role
French-Owned Ubisoft Announces Global Restructuring With Nearly One Thousand Job Cuts
National Railway Operator Suspends Artificial Intelligence Ticket Pricing System After Consumer Backlash
United Kingdom to Ban Sales of High-Caffeine Energy Drinks to Under-Sixteens
Home Office Designates Iranian and Russian Paramilitary Groups as National Security Threats
National Health Service Launches Housing Plan to Retain London Healthcare Workers
British Heatwave Fuels Wildfires and Emergency Evacuations in Scotland
United Kingdom and Estonia Sign Defence Agreement to Strengthen NATO’s Eastern Flank
United Kingdom Cuts Bilateral Aid to African Nations by More Than Eighty Percent
Bank of England Overhauls Banking Rules to Encourage More Lending to Businesses
United Kingdom and India Free Trade Agreement Enters Into Force, Reshaping Bilateral Economic Ties
Andy Burnham Confirmed as New Labour Leader and Prime Minister-Designate
UK Government Faces Pressure Over Extreme Heat Workplace Rules
×