Why millions could work for longer under new state pension reform
Ms Kendall warned of a growing threat of pensioner poverty without major reform, noting that future retirees are projected to receive less than current pensioners.
She highlighted that the state pension 's triple lock guarantee costs £31 billion annually and projected a significant increase in the pensioner population by the 2070s.
Many individuals are not saving adequately for retirement, with nearly half of the working-age population and only one in five self-employed people not contributing to a pension.
The newly relaunched Pensions Commission will provide recommendations by 2027 on how to boost retirement income, though it will not address the triple lock or the state pension age review.
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The Independent
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