Gov't pension reforms are 'reasonable compromise' - Turner

Speaking at the Trades Union Congress (TUC) annual Member Trustee Network conference: Pensions From Reform to Reality, Turner says while there were some minor differences to the proposals put forward by the government, it had broadly adopted the structure put forward by the Pensions Commission. He called the white paper reforms to the state pension a “reasonable compromise” despite the fact the link between the basic state pension and earnings will be implemented at least two years later than Turner suggested, and the state pension age will rise six years faster. Turner points out while...