Simplicity, security and choice are watchwords for what will happen when the Green Paper is put into action, says the DWP. However, there is more than a hint of sexing-up existing policy in the proposals
The Green Paper was published in December 2002. Following extensive consultation, the DWP then published a further paper in June this year headed Simplicity, Security and Choice, setting out how it intends to put the Green Paper proposals into practice. Overall, it is a mixed bag, with some good bits, some bad bits and a lot of waffle, sexing-up existing regulations to try and make it look as though it has have come up with some original ideas. Simplicity is definitely the best bit. Tax simplification: all those layers of legislation, eight different occupational and personal pension re...
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