Consensus for state pension reform

Submissions to the Pensions Commission reveal a consensus among pensions industry stakeholders that action must be taken to address the pension crisis, and that reform of the state pension system is an essential starting point.

In total, the Pensions Commission has received nearly 250 written submissions in response to the proposals set out in its first report, which was published in October 2004. The main differences in opinion tend to hinge on how the state pension can be improved.

The Commission's second report, which will include policy recommendations, is scheduled for publication in Autumn 2005.

  • Responses to Turner reveal consensus for state pension reform    IRS journal Occupational Pensions presents an overview of responses to the Pensions Commission from the following organisations: the ABI, ACA, CBI, EOC, IPRG NAPF, NPRG, PMI, SPC, TUC and Which?.

  • The Pensions Commission   Visit the official Pensions Commission website.

    Also

    Pensions Commission consults on pensions crisis and Pensions agenda 2005   XpertHR reports.

    Pensions compulsion could be imminent, taskforce warns   The report of the Employer Task Force on Pensions warns employers that if private pension provision cannot be made to work, the government will introduce higher taxes and/or compulsion.