Pension reforms are a promising start - McCarthy

It has long been agreed that the need for wholesale reform of Britain’s pension system is one of the most pressing public policy concerns. What we have seen this week is a promising start, with much to be commended. There is a wide consensus that the state and private pensions systems must work better with each other so many more people, particularly from lower and middle income groups, save more for their retirement. The government has listened to a wide-ranging and diverse set of organisations and individuals during its deliberations on the white paper, including the ABI. Many of the po...