Webb calls for joined up retirement policy across govt departments

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Pensions minister Steve Webb has urged the next government to introduce joint ministers across pensions, ageing society and the Treasury to break down silos between the departments.

Speaking this morning at the Resolution Foundation's retirement debate, Webb said in order to get pensions right it was crucial to think more broadly about factors that shape retirement income. He criticised the way that government tended to "silo-ise" and focus on policies rather than seeing people, saying this was part of the reason why there was no integrated product for care and pensions. "What I would like is for the government to see people and their later life in retirement and care needs, the impact of social change and the labour market, holistically in one place," he said. ...

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