B

Baroness Bull (CB)

Speaking in the House of Lords on 23 July 2025

Debate

Pensions: Low-income and Self-employed Workers

Contribution

My Lords, the Minister will know that the latest OECD figures show that 52% of adults in England have numeracy levels below those expected of primary school leavers, which can leave them struggling to understand percentages and to convert between monthly and annual payments. Does she agree that, in these circumstances, such people may be deterred from engaging with an industry in which there are apparently complex calculations between investment and outcomes? What can be done, alongside improving numeracy, to encourage the pension industry to speak not just in plain English but in plain numbers?

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