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Centre for Policy on Ageing | |
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| The challenge of pension reform | | Author(s) | David Laws |
| Journal title | Quality in Ageing, vol 6, no 3, November 2005 |
| Pages | pp 4-7 |
| Source | http://www.pavpub.com |
| Keywords | Pensions ; Social policy ; Liberal Democrat. |
| Annotation | Pension reform is now probably our main social welfare policy challenge. For too long, it has been an issue that successive governments have failed to address, and urgent reform is needed now. The author is the Liberal Democrat Shadow Secretary of State for Work and Pensions, and on 30 November 2005 (his 40th birthday), the Government's independent Pensions Commission, chaired by Adair Turner, will report to Parliament on its conclusions for reform of the UK pensions system. The author outlines problems with the current UK pensions system, as he sees them, and what the Liberal Democrats propose on the subject. These include: a citizen's pension; a higher basic state pension; greater freedom for people to choose how they would save; and looking at how society views retirement. The author accepts that too few people are saving for their retirement. Nonetheless, the system needs to be fair and to be sustainable. (RH). |
| Accession Number | CPA-051219219 A |
| Classmark | JJ: TM2: VL4 |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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