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The Incoherence Now Underlying UK Pensions Policy

Pensions policy in the UK has become remarkably incoherent. We are bombarded with pension reforms, but the ones that have tipped us into Wonderland are the last two. First, so-called ‘pension freedoms’ announced last year, and coming into force in a couple of weeks, where people can cash in the whole of their pension pots … Continue reading

A new single tier state pension above the poverty line – is it fair?

Attending the HC Work and Pensions Committee yesterday to discuss the new proposed single tier pension as suggested in the Green Paper, “A State Pension for the 21st Century”, one idea was repeatedly raised by the MPs –  what to say to constituents who say that they contributed all their lives to National Insurance, only … Continue reading

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