Pensions experts attempted to persuade the government to create a special committee responsible for ...
Pensions experts attempted to persuade the government to create a special committee responsible for the long-term policy of the pensions and savings sector, at the ABI's Saver Summit held at Westminster yesterday.
Senior figures in the pensions sector hope the government will agree to set up a working party or committee to try and maintain some sort of consistency of policy.
Industry officials, including Stewart Ritchie, pensions development director at Scottish Equitable, have been calling for a permanent committee of think tanks, industry figures and politicians to try and prevent government policy and pensions rules from being changed every time a new government is elected.
A key aim of the Saver Summit is to try and address some of the key issues preventing low to middle earners from saving in the long-term, and determine how the industry and politicians can shift the focus of employers and consumers onto pensions.
The ABI will also present its Budget for Savers - a costed set of proposals designed to try and close the £27bn annual savings gap.
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