A State Pension for the 21st century

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Jonathon Howard, head of corporate clients at Courtiers Investment Services, discusses the implications of the recent green paper for State Pension reform.

The government has just published its green paper for State Pension reform, entitled A State Pension for the 21st Century. I thought nothing of the title but as I read the document through, it occurred to me that there are people alive right now who will be drawing their State Pension well into the 22nd century. All of a sudden the seemingly ‘radical’ suggestions contained within appeared out-dated before they’d even been implemented. What we need is a State Pension for the 21st and 22nd centuries. We can see where we go after that. The problem the government is trying to address is the ...

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