| answer text |
<p /> <p /> <p>The Department is taking a range of steps to address understanding
of pensions and retirement planning, including amongst women.</p><p> </p><p>The DWP
is working closely with the Money Advice Service (MAS), the government body with responsibility
for improving the British public's financial capability, including tackling the knowledge
gaps which can inhibit individuals from saving into pensions.</p><p> </p><p>The Department
is facilitating joint-working between its information services and those of The Pensions
Advisory Service (TPAS), which is playing an important role in supporting individuals
who are automatically enrolled, and MAS. The DWP will also support MAS in increasing
its reach, including through contact channels with DWP customers.</p><p> </p><p>As
part of automatic enrolment, to encourage women to continue to save in a workplace
pension we are running an awareness campaign with supporting information that emphasises
the importance of saving for retirement and outlines the benefits of saving in a workplace
pension. This reaches women via the use of appropriate media channels and by working
in partnership with trusted brands.</p><p> </p><p>We are creating a simpler state
pension so that everybody can know both what counts towards their state pension and
how much they can expect to receive. We will take account of the different ways in
which men and women are affected by the reforms in our communications approach. Our
strategy includes using partnerships with media outlets most likely to reach these
women to make them aware of the changes. We will evaluate the impact of our communications
to make sure we are reaching women to increase their awareness and understanding.</p>
|
|
