Source · Select Committees · Work and Pensions Committee
Recommendation 1
1
Acknowledged
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People save for retirement and later life in many different ways, not solely through their...
Conclusion
People save for retirement and later life in many different ways, not solely through their pensions. During the course of our inquiry we have been contacted by a number of people who have lost savings, other than pensions, which were intended to support them in retirement.
Government response summary AI-generated
The government acknowledges the importance of collaborative work between DWP, HM Treasury, and other departments to address vulnerabilities exploited by fraudsters, and commits to publishing a comprehensive Fraud Action Plan after the Spending Review.
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Government Response
The government responded to this report on 6 July 2021. No passage in that response could be matched to this conclusion. Read the response document ↗