White paper deregulation 'most important'

Speaking at the National Association of Pension Funds (NAPF) Annual Conference, Willetts, a senior adviser to Punter Southall and the Conservative Shadow Secretary for Education and Skills, says it is one area of the paper which seems to have moved beyond Lord Turner’s original report. He says there was a missed opportunity in the Pensions Commission’s report for an implicit deal to keep employers funding pension schemes in return for help with the legacy costs and regulatory burden. Willetts welcomes the proposals for a deregulatory review and the assurances from the government it is...