Pay or get off the pot, Bee tells the Revenue

Pension savings which fail to take people above the level of means-tested benefits at retirement is one of the key problems facing pension reform, argues Scottish Life in response to the Government's Green Paper on pensions and the Inland Revenue's consultation paper on pensions tax simplification. Steve Bee, head of pensions strategy for Scottish Life, has made a once in a lifetime achievement and emphasised all Green Paper problems by summing it up in a one sentence response. "Each pound saved in a pension should make savers at least one pound better off than those who save ...