Lib Dems strike while it's hot on pensions

In setting out his party's 10-point plan for pension reform, Lib Dem leader Charles Kennedy calls for the scrapping of ‘unfair’ means testing, adding: “Means-testing has helped create a pensions system which is in a complete muddle - both complex and ineffective.” Kennedy says millions of pensioners are living in poverty, while many women are left with ‘insultingly small pensions’, with a system too complex for comprehension by individuals. As a result, the party has submitted its proposal for reform to the chairman of the Pension Commission Adair Turner, recommending an Independent Pe...