WIREDGOV

The Government has yesterday published its first proposals to rebuild confidence and trust in workplace pensions, and reverse nearly half a century of declining membership.

A paper called, Reinvigorating Workplace Pensions, contains new ideas for sharing the risks more equally between employer and employee, and for helping people get the most out of what they save in a pension.

The paper draws on extensive discussions with pension providers, actuaries, investment firms and lawyers, including with an industry working group led by Andrew Vaughan, Chair of the Association of Consulting Actuaries. It contains an emerging strategy on how to deliver real and significant change.

Click here for full press release