» Tuesday, March 8, 2011

Pensions

Asked about the Government’s plans to change the current pension system, the PMS said that there would not be any announcements made today. The Work and Pensions Secretary of State would be making a speech setting out the problems with the current system. One of the problems was that it was a very complex system and people didn’t understand it. The other problem was that it could discourage people saving for their retirement. We were looking at the system in the round and would come up with some proposals shortly. More generally, it was fair to say that when it came to welfare the Government wanted to simplify systems where possible.

Asked what the Prime Minister would say to someone younger in terms of the financial support they were or weren’t receiving, the PMS said that the Work and Pensions Secretary of State would be talking today about the next generation and how to get the system right in the future so as they were saving properly and preparing for their retirement.

original source.

Briefing took place at 10:00 | Search for related news

No Comments »

No comments yet.

RSS feed for comments on this post.

Post a public comment

(You must give an email address, but it will not be displayed to the public.)
(You may give your website, and it will be displayed to the public.)

Comments:

This is not a way of contacting the Prime Minister. If you would like to contact the Prime Minister, go to the 10 Downing Street official site.

Privacy note: Shortly after posting, your name and comment will be displayed on the site. This means that people searching for your name on the Internet will be able to find and read your comment.

Downing Street Says...

The unofficial site which lets you comment on the UK Prime Minister's official briefings. About us...

Search


March 2011
Mon Tue Wed Thu Fri Sat Sun
« Feb   Apr »
 123456
78910111213
14151617181920
21222324252627
28293031  

Supported by

mySociety.org

Disruptive Proactivity

Recent Briefings


Archives

Links

Syndicate (RSS/XML)

Credits

Enquiries

Contact Sam Smith.

This site is powered by WordPress. Theme by Jag Singh