Third Turner report creates minimum fuss

clock

The third and final report from the Pensions Commission has received a muted response from both the government and the insurance industry.

Aiming to address the issues raised by the Second report, the document reiterates the Commission’s belief auto-enrolment, employer contributions, state pension reform and the introduction of a National Pension Savings Scheme (NPSS) are the best ways forward for pension reform. Responding to the publication of the third report, Stephen Timms, Minister for Pension Reform, says: "I want to thank the Pensions Commission for its hugely valuable work over the last three years. The Commission's ideas have formed the framework for the national debate on the future shape of the pensions system - o...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers turn to smoothed funds to help manage volatility threat

Advisers turn to smoothed funds to help manage volatility threat

Decreasing exposure to equities also a popular strategy

Isabel Baxter
clock 26 March 2024 • 1 min read
Examining the 60/40: Building diversified portfolios in 2023

Examining the 60/40: Building diversified portfolios in 2023

Advisers have a lot to consider when it comes to portfolio diversification

Charlotte Moore
clock 14 April 2023 • 6 min read
Schroder Investment Solutions expands distribution of MPS

Schroder Investment Solutions expands distribution of MPS

Expanding the range of DFM choice on the Parmenion platform

Ayesha Venkataraman
clock 06 December 2022 • 2 min read