Any permanent independent standing pensions commission will need to consider carefully its remit and structure is and how much accountability for policy decisions it would have, claims the latest briefing note from The Pensions Policy Institute (PPI).
It says following the Pensions Commission’s reports into pension reform, a number of organisations who have submitted alternative proposals have also suggested the introduction of an ongoing independent pensions commission or in the case of the Association of British Insurers (ABI), an economic regulator. But although most suggestions for a ‘commission’ aim for some kind of research and commentary on pensions policy, the PPI says there is confusion as to what a commission would actually do, as it could serve a number of different functions. The note has broken down the suggestions for v...
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