Testing times for White Paper

News

Failure to tackle the widespread use of means tested benefits in the UK pensions system is a fundamental flaw in the government's recent White Paper intended to reform the country's complicated state pension system, according to the UK's Actuarial Profession (an organisation representing actuaries throughout the UK).

When the Pensions Commission made its initial report in November 2005, which formed the impetus for the White Paper, its chairman Lord Turner explicitly highlighted the role of m

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