Radical pension plan pitched to UK government (Financial Times)

CPS Research Fellow Michael Johnson spoke to the Financial Times about his new report ‘Introducing the Lifetime ISA’.

“One of the UK’s most influential pension experts has called on the government to overhaul the retirement system to encourage more young people to save and end the unequal application of pension tax relief.

Michael Johnson, a research fellow at the Centre for Policy Studies, a think-tank, wants the government to take advantage of the popularity of the Isa, a short-term savings vehicle, by transforming it into a lifetime savings product.”

To read the full article, visit the Financial Times website (£).

Date Added: Tuesday 5th August 2014