IRELAND - On the day the pensions green paper was released the Minister for Social and Family Affairs, Martin Cullen has launched a book calling for the next phase of pension reform should focus on targets related to relative income poverty.
The book reviewed the impact of welfare policy on poverty over the past two decades and brought together the perspectives of a range of authors on specific policy areas including health, education, children, migrants and older people.
The pension chapter called for future policy and research to reflect the experience and views of older people in defining what poverty and deprivation mean at this stage of the lifecycle.
It explained that the core of the future pension system should be the state pension, and the first tier should be substantially improved.
The next phase of pension reform should focus on targets related to relative income poverty.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers