Nigel Ferrier says unprecedented changes in pensions will create losers as well as winners
The government should consider scrapping the state pension to avoid national debt reaching unmanageable levels, argues a think tank.
The state pension will be an adequate safety net if people make bad decisions when pension freedoms come in from April 2015 according to Prime Minister David Cameron.
Malcolm McLean asks if the latest changes are in step with other reforms
By combining Budget reforms with existing rules which reward savers who delay taking their State pension, eligible women can boost their payout by up to tens of thousands of pounds over a lifetime.
The government has slashed the incremental increase to the state pension offered to workers who delay their retirement.
The Liberal Democrat manifesto will commit to making the state pension triple lock law, boosting the benefit by at least £790 a year by 2020, says pensions minister Steve Webb.
Knowing whether an independent Scotland would adopt the euro, keep sterling or create its own currency is fundamental to pension planning, Towers Watson says.
How demographic pressures could affect future provision
A significant section of the industry believes the government should axe the state pension 'triple lock', according to PP research.