Pension reforms are "good but not great"

'Good but not good enough' was the overall reaction as the government yesterday unveiled its plans to increase protection for occupational pension scheme members. Following Secretary of State for Work and Pensions Andrew Smith's announcement that he would ensure that employers delivered on their pension promises, the industry responded with divided reactions. The Consumers' Association criticises the government for failing to acknowledge the true extent of the 'pensions crisis'. Warning that this could leave future generations paying for its mistakes for many years to c...