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The Guardian - UK
The Guardian - UK
Business
Rupert Jones

What does the report on state pension age changes mean for UK women?

PHSO DWP Waspi
A Waspi campaigner holding a placard
Many women said that the changes had upended their financial planning and left them out of pocket. Photograph: Leon Neal/Getty Images

Thousands of women born in the 1950s could be in line for compensation linked to changes to the state pension age and the potential bill could end up running into billions of pounds.

The Parliamentary and Health Service Ombudsman (PHSO) said on Thursday that parliament needed to act swiftly to ensure a compensation scheme was set up to remedy the “failings” by the Department for Work and Pensions (DWP). But there are indications that getting the government to pay out could be an uphill battle.

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