DWP 'Reinvigorating Pensions' report due

The minister announced the publication date at a 70th anniversary party for master trust provider B&CE. The paper is the long-awaited policy statement outlining the government's plans for retirement saving in an environment created by state pension and workplace saving reform. Launching the strategy in July this year, work and pensions secretary Iain Duncan Smith said reforming the pensions system was "the only responsible course of action." He said the paper will cover three areas of reform, highlighted as "putting in the building blocks for a more generous basic state pension"; "...