Seizing the opportunity for real pensions reform

pensions reform

The government is airing various suggestions for pensions reform, but some common themes seem to be emerging including a reduction in means testing, auto-enrolment and mandatory employer contributions

Hopefully the UK is on the brink of real pensions reform. Following the publication of Lord Turner's second Pensions Commission report late last year, the Government has been mulling over its options for taking this forward, and there appears to be an appetite among Department for Work and Pensions (DWP) ministers to make tangible changes. Whether this appetite is shared by Treasury ministers remains to be seen. In this article I will explore the current position and, more specifically, how we can move the debate on to the practicalities of how to reform pensions in the UK. On the last da...