Coalition plans to introduce a universal state pension of £140 a week need serious investigation to assess whether they are fair and affordable, the Labour Party warns.
Proposals expected to be detailed in a green paper before 2011 would see SERPS and pension credit scrapped and replaced by a universal basic state pension of £7,280 a year - about £140 a week. The ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
