NPSS could be 'lethal' to existing schemes

Ahead of his speech at the National Association of Pension Funds (NAPF) investment conference in Edinburgh, which begins tomorrow, Pickering, who wrote a previous Government report into pensions in 2002, says the Government should avoid soundbite politics in deciding on its approach to a NPSS. He points out the NPSS was just one recommendation among many from the Pensions Commission report, and should not be “taken forward in isolation or without taking account of collateral damage which its introduction might cause to those parts of the UK pension system which are working well, and that ...