Pensions politics peddled - papers 29 September

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Tony Blair's speech yesterday to the Labour core at the party's annual conference resulted in promises of an increased basic state pension "at the heart of a domestic programme" trying to win votes at the next election, The Daily Telegraph writes.

The so-called 10-point manifesto also includes health, education, help for first-time buyers, and, for the first time, a firm commitment to the introduction of identity cards. PERHAPS SOME INDICATION of why pensions are such a drag on the PM at present can be found in the report into finance directors’ views of company pension schemes outlined in the FT. ”Many finance directors of smaller and medium-sized companies are not convinced pension schemes attract, retain and motivate staff,” the report concludes. Commenting on the findings, the National Association of Pension Funds says i...

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