Pensions Age reports on CPS research fellow Michael Johnson’s call for end of workplace pensions in his briefing note The Workplace ISA and the ISA Pension
To read the full article, visit the Pensions Age website.
“Traditional occupational pensions should be replaced with workplace ISAs, according to the Centre for Policy Studies.
The Workplace ISA and the ISA Pension briefing note published 3 July, urges the government to stop tinkering with pensions and instead undertake bigger reforms.
Research fellow Michael Johnson argues that replacing an occupational pension with a workplace ISA would simplify the UK savings landscape in line with what people want from a savings product. In addition, he argues it would make a reduction of up to £10bn on the deficit.”
To read the full article, visit the Pensions Age website.
Date Added: Monday 6th July 2015