NAPF warns government over pension reforms

At a seminar held yesterday by the NAPF, officials from the Treasury, Department for Work and Pensions and Downing Street were warned of the potential pitfalls of the proposed reforms. NAPF, chief executive, Christine Farnish stated: :“While we support many elements of the government’s pension reform proposals we have real concerns that they might undermine today’s workplace pensions leaving many people worse off. “If all employers offering DC pensions cut back their contributions to the minimal levels of the NPSS, people in workplace pensions could lose out on employer contributions wort...