Judging by the amount of feedback unleashed following publication of the first Pensions Commission report the issues may actually be heading towards some sort of positive outcome.
But, and it is a big but, lawmakers will be under intense time and political pressure to get things right. Consider the timing issue: the Commission says it will publish its second report on the basis of feedback to the first document by “autumn 2005”. For those in the industry used to previous reports, surveys, reviews and commissions unleashed by government the word “autumn” in Whitehall-speak can mean anything from the first week of September to a couple of days before Christmas. The latter date would be unfortunate in that it would leave just three months for Parliament to push...
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