» Thursday, November 24, 2005

Pensions

Asked about whether the Government was rejecting the proposals in the Turner report on pensions, the PMOS said that the Prime Minister had spelled out the position very clearly when he said that despite what people may have heard we had an open mind about Turner, we believed it was a serious piece of work and would be responded to in a serious way. This morning John Hutton had laid down the principles on which any response would be based, which was that it should be fair, affordable and should encourage people to save. We should all wait for the report to be published and then judge it on the report. Asked if the disparity between the public and private views of the Turner report put him an awkward position, the PMOS said that he did not feel in any awkward position at all. He felt quite happy waiting for the Turner report to be published and waiting until we had decided our response. The basis of it was that we ruled nothing in and nothing out.

Briefing took place at 16:00 | Search for related news

2 Comments »

  1. The New Labour Government have been saying how well the economy is doing here in the UK.Suddenly there is a pensions crisis.What has happened to the contributions we who are approaching Retirement Age.Millions of us have paid a fortune inNatinal Insurance contributions.What has this Government done with all our contributions?This is just not good enough and many of us who voted Labour in the election will remember this at the next election…………….

    Comment by mr i corcoran — 30 Nov 2005 on 8:20 am | Link
  2. The New Labour Government have been saying how well the economy is doing here in the UK.Suddenly there is a pensions crisis.What has happened to the contributions we who are approaching Retirement Age.Millions of us have paid a fortune inNatinal Insurance contributions.What has this Government done with all our contributions?This is just not good enough and many of us who voted Labour in the election will remember this at the next election…………….

    Comment by mr i corcoran — 30 Nov 2005 on 8:21 am | Link

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