NAPF calls for independent pensions commission

The new Commission could report to the government every three years on the impact of economic, demographic and social changes on Britain’s pensions system, and advise ministers on the measures necessary to maintain the UK pension system in the long term, suggests the pensions body. A draft constitution and terms of reference for such a body has been published this morning by the NAPF. Christine Farnish, chief executive of the NAPF says: "For years, successive governments have introduced new pension rules with the best of intentions, but not with the best of results. "One of the reaso...