Turner suggests compromise on proposals - papers 27th January

In an interview with the paper, Lord Turner - the commission’s chairman - signalled his readiness to seek a compromise with Gordon Brown which would make the commission’s proposals less expensive between 2010 and 2020. The commission’s final report was not “a bible”, he said, but now believes the government will back its core proposals for a higher basic state pension, a later state pension age, less means-testing and a national savings scheme with automatic enrolment. But, there are two remaining “big issues”, he said. First, the burden of the proposed 3% contribution which employers...