CPS proposals would be 'change for change's sake' - Claire Trott

Trott (pictured) said: "The industry now just needs room to breathe - it seems like we have had 10 years of unprecedented change." A period of stability, she argued, would allow providers time to get up to speed and clients to plan properly, adding: "That is not possible when the future of pensions policy is uncertain." Trott's reaction followed proposals published today by the CPS, advocating putting the state pension into 'run-off' and the introduction of a ‘senior citizens' pension', payable from the age of 80. The paper, written by CPS fellow Michael Johnson, also proposed the int...