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Centre for Policy on Ageing | |
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NPSS policy and design choices
— a discussion paper | | Author(s) | Alison O'Connell |
| Corporate Author | Pensions Policy Institute - PPI |
| Publisher | Pensions Policy Institute - PPI, London, April 2006 |
| Pages | 48 pp |
| Source | Pensions Policy Institute, King's College, Waterloo Bridge Wing, Franklin Wilkins Building, Waterloo Road, London SE1 9NN. Download document : http://www.pensionspolicyinstitute.org.uk/news.asp... |
| Keywords | Pensions ; Savings ; Retirement policy ; Social policy ; Comparison ; New Zealand. |
| Annotation | The Government is consulting on whether to introduce something like the National Pension Savings Scheme (NPSS) proposed by the Pensions Commission in November 2005. While the Pensions Commission left some design details to be considered, the proposal was a fairly detailed blueprint of a very low cost national auto-enrolment pension scheme to be run by a partnership of state and private industry. This PPI paper considers other proposed or existing savings vehicles similar to NPSS, such New Zealand's KiwiSaver. Secondly, it compares the policy background and aims of the NPSS and KiwiSaver. Thirdly, it considers the implications of the policy choice made for the NPSS and asks whether an alternative policy that learns lessons from KiwiSaver could be more effective. Lastly, it considers some product design and implementation choices for NPSS. The appendix is a detailed tabulated comparison of NPSS and KiwiSaver. (RH). |
| Accession Number | CPA-060516202 B |
| Classmark | JJ: JDD: G5: TM2: 48: 7YN |
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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