Turner Report : Chapters 6-8

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The last few chapters of Turner's report look to people's understanding of pensions issues, alternative systems in other countries, and issues specific to women and pensions.

In chapter 6 of the report Barriers to a voluntarist solution, Turner finds that just 44% of people claim good or reasonable understanding of pensions issues. Citing a YouGov survey commissioned by the ABI, the data suggests most people do not know what rate of tax relief rate they receive on pensions contributions. Just 17% of basic rate tax payers and 28% of higher rate tax payers were able to correctly identify the tax relief rate. Compulsion gets a review in Chapter 7 - Revitalised voluntarism, changes to the state system, which finds at least 19 countries apply compulsion. How...

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