NAPF 2011: Hutton says Labour reforms 'made matters worse'

He told delegates at the National Association of Pension Funds (NAPF) Conference 2011 that, although the last government's reform plan made a start on overhauling pensions, it "did not go far enough" and may have hindered progress. He said: "I have to give full marks to ministers for the response I am seeing to these reforms. We tried but did not go far enough. In fact we made matters worse. "I say that with a great deal of regret. That is why I decided to take on the commission." Responding to a question from Mirror Group trustee Alan Burns, he said he was unsure if the collation ...