The Treasury Select Committee has announced it will conduct a short enquiry into the design of a National Pension Savings Scheme (NPSS) and the role of financial services regulation in the Spring.
The TSC says it will look at a number of factors surrounding the NPSS and its alternatives as proposed by the Association of British Insurers (ABI), the National Association of Pension Funds (NAPF), the Investment Management Association (IMA) and the Pensions Reform Group. The Committee says it will expect to consider certain matters relating to the feasibility of a NPSS, but will be aiming to report its findings at an early stage and if possible ahead of the White Paper, and therefore the Committee will not be looking at any of the wider issues arising from the Turner report. But the...
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