How do we make progress on pensions?

The latest paper, at 102 pages, makes little progress from the previous state of affairs. We now have a new personal accounts contribution cap of £3,600. This is the same cap that the Pensions Commission said should be £3,000 in November 2005 and that the Government changed (in a May 2006 White Paper) to £5,000. The new limit will be linked to earnings from 2005. If current earnings growth of 4%is maintained, the limit will be back up to nearly £5,000 when personal accounts are finally introduced in 2012. Three-thousand, five-thousand, three-thousand six-hundred, five thousand. Progress? ...