An All-Party Parliamentary Group has been created to try to establish a clear consensus between the various political parties over the state of the current pension system.
The new initiative, chaired by Lynne Jones, the Labour MP for Birmingham Selly Oak, held its inaugural meeting in Westminster towards the end of last month.
Speakers included Secreatary of State for Work and Pensions, David Blunkett and academic, David Blake who discussed the much-vaunted Swedish Model.
The All-Party Group on Pensions Consensus replaces the All-Party Parliamentary Group on Pensioner Incomes, which was formed to develop political consensus around long-term pensions policy development.
The initial Group was set up to ‘assess the impact of the current economic factors affecting pensioners and to develop a political consensus around long-term pensions policy,’ drawing on expertise from across the pensions sector.
Jones says the new group is essentially the same as the old, however acting under a new parliament. She says its aim is to formulate ways to build up a ‘robust’ future pensions policy.
“This is a good time to lobby over pensions consensus, as the Turner Report is due in the Autumn. The pensions consensus initiative is therefore working on a programme to deliver with that time frame in mind," she adds
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