I wouldn't touch NPSS with a barge pole - Frank Field

Giving evidence to the Work and Pensions Select Committee earlier this week Field, who has put forward his own proposals for a Universal State Pension (USP) said: “Any fool can create an NPSS scheme which covers 75% of the population and many fools have. This [the USP] is a scheme which covers 100% of the population.” Field said if the government were truly wedded to the idea of Lord Tuner’s NPSS scheme it would be better advised to hand over the running of it to the insurance industry to avoid accusations of mis-selling. This would still leave the government in the position of having to u...