Green Paper consultation ends

The ABI has called for more financial incentives for employers to encourage greater contribution to pension schemes in its response to the Government's Pensions Green Paper and Inland Revenue tax simplification proposals. The consultation period for the Green Paper ended last month with a number of industry members criticising the Government's proposals, which have a target implementation date of April 2004. The industry still has until 11 April to respond to the Inland Revenue's proposals. Many, like the ABI, noted there is an abundance of work to be done before any actual incr...