Gov't scraps Retirement Planner

Retirement Planner was proposed by the previous secretary of state for work and pensions, Andrew Smith, in February 2004, as a radical plan to help people take control of their retirement planning by enabling them to get a clear overview of their retirement prospects based on personal information about both state and private pension provision. But James Purnell, minister for pension reform, yesterday confirmed in a ministerial statement the platform was being shelved because an evaluation of the proposed service had concluded providing “accurate online information about state pensions woul...