Government urged to replace state pension with compulsory DC

clock

The government should consider scrapping the state pension to avoid national debt reaching unmanageable levels, argues a think tank.

Defusing the debt time bomb, published by the Institute of Economic Affairs (IEA), suggests replacing it with compulsory defined contribution (DC) pensions to help to help hit a debt target of 20% ...

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 Law and Regulation

FCA to consult on pension charge cap

FCA to consult on pension charge cap

Watchdog wants to ensure members not disincentivised by higher performance fees

Jonathan Stapleton
clock 11 December 2025 • 1 min read
How the LGPS is adapting to 'Fit for the Future' rules on principal investment advice

How the LGPS is adapting to 'Fit for the Future' rules on principal investment advice

The far-reaching implications for pools, partner funds and investment advisors

Charlotte Moore
clock 10 December 2025 • 8 min read
TPR publishes intervention report on Northern Foods Pension Scheme

TPR publishes intervention report on Northern Foods Pension Scheme

Package includes sponsor swap and £300m of contributions paid into scheme

Jonathan Stapleton
clock 04 December 2025 • 2 min read
Trustpilot