U.K women stand to lose a lot with the reformed pension system. It is being stated as a discriminatory system which would cause financial hardships to the women. This was found out by a report presented by EOC and Scottish Windows who stated that this system failed a number of women across UK. It is expected that this imbalance would continue to exist and of all the people self employed people stand to lose the most. Due to irregular working hours they would certainly lose out on state and private pensions and some of them would never be able to save for their retirement. It was found out that half of the women had no private insurance and other stopped saving for their retirement after having children. This certainly seems to be a problematic situation and the government should step in and increase the basic state pension plan so that women with small means of savings don’t stand to lose out.