Pensions
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Asked about Alan Johnson’s comments at the British Association of Insurers Conference earlier that pension credits acted as a disincentive for people to save for their retirement and if the Prime Minister recognised that it was an emerging problem, the PMOS replied that since he had not seen Mr. Johnson’s comments, he would not comment on them directly, but this issue had been dealt with at the time of the Adair Turner Report. The report would come forward with recommendations next year but it had already outlined the reasons why Means testing had helped the poorest pensioners and the details with which it had done so.
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