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Security in retirement: towards a new pensions system — presented to Parliament by the Secretary of State for Work and Pensions | Corporate Author | Department for Work and Pensions - DWP |
Publisher | TSO, London, May 2006 |
Pages | 211 pp (Cm 6841) |
Source | TSO, PO Box 29, Norwich, NR3 1GN. www.tso.co.uk/bookshop Downloads on DWP website: http://www.dwp.gov.uk/pensionsreform/whitepaper.as. Executive summary (FOC) from: Pension Guide, Freepost, RLXH-JUEU-GZCH, Northampton NN3 6DF. Tel: 08457 31 32 33 |
Keywords | Pensions ; Supplementary pensions ; Private pensions ; Savings ; Employment of older people ; Social policy ; Government publications. |
Annotation | This White Paper sets the direction for the long-term future of pensions and retirement savings. Its publication follows a National Pensions Debate (February 2005-March 2006) and reports by the Pensions Commission (chaired by Adair Turner). The reforms aim to meet five key tests that strike a balance between the responsibilities of the state, the individual and the employer: personal responsibility, fairness, simplicity, affordability and sustainability. An executive summary outlines progress to date and the reasons why reform is needed. Chapters 1-4 discuss the main themes: encouraging and enabling private pension saving (for example, through personal accounts); strengthening existing provision; providing a foundation for private saving; and extending working life in an ageing society. Annexes provide evidence on: measuring undersaving for retirement; improving fairness in the state pension system; the extent and impact of demographic and societal change; and outcomes under the reformed system. They also include a glossary and list of DWP commissioned research. Comments are sought by 11 September 2006, and Chapter 5 outlines the consultation arrangements. (RH). |
Accession Number | CPA-060526001 B |
Classmark | JJ: JJH: JK: JDD: GC: TM2: 6OA |
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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