PPI: Government can offer higher state pension and cut long-term costs

clock

The government can offer a more generous single-tier state pension and still create a cheaper system than is currently on offer, according to the Pensions Policy Institute (PPI).

Linking rises in the single-tier to earnings, combined with planned increases to the retirement age, would knock 1% of GDP off the amount the system costs the economy by 2050. PPI deputy directo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Hymans Robertson launches sole trustee service

Hymans Robertson launches sole trustee service

Service will be delivered by specialist client team at the firm to assist sole trustees

Holly Roach
clock 01 July 2025 • 1 min read
News Digest: Row as doctors' surgeries are spared cost of gold-plated pensions; McCloud compensation

News Digest: Row as doctors' surgeries are spared cost of gold-plated pensions; McCloud compensation

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 01 July 2025 • 1 min read
Buzz: Is buyout the universal 'gold standard' option for endgame?

Buzz: Is buyout the universal 'gold standard' option for endgame?

Endgame options, targeted support for members and scheme tax relief subsidies

Professional Pensions
clock 30 June 2025 • 1 min read
Trustpilot