NAPF attacks NPSS - papers 30th January

According to the paper, Christine Farnish, chief executive of the National Association of Pension Funds (NAPF), described Lord Turner's proposal for a vast national pension fund as a "monolithic quango" and a "throwback to the Stalinist era" as she proposed an alternative strategy to encourage Britons to save. Farnish is preparing to tell the government that Turner's National Pension Savings Scheme - into which workers would be automatically enrolled - should be replaced by 10 or so "supertrusts" created to manage the pensions of millions of British workers. The NAPF, which represents 1...