Frank Field offers Blair alternative to Turner

It proposes an investment led reform of the system, instead of the tax led reform proposed by the Pensions Commission, and argues this is the “chance of a lifetime” to get a major investment led pension reform through and onto the statute book. The report, entitled “The Chance of a Lifetime”, says an opportunity has been created by the success of the Chancellor’s Pension Credit strategy which concentrates help on the poorest pensioners. It argues the crucial decision the government has to make is on getting the structure and governance of future pensions right, as the additional contrib...