Will the single-tier state pension encourage private saving?

Barnett Waddingham’s Malcolm McLean urges the government to bring forward DA legislation

clock •

The single-tier state pension coming in from April 2016 appears to have widespread support.

The present state pension is both complicated and confusing. The prospect of sweeping away all the different components (basic, SERPS, S2P and graduated) into a single pension is much simpler and e...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Industry supports DB surplus release so long as clear parameters set, Aon finds
Defined Benefit

Industry supports DB surplus release so long as clear parameters set, Aon finds

Poll finds industry favours prudent thresholds and detailed consideration when it comes to future plans for surplus release

Holly Roach
Holly Roach
clock 23 April 2025 • 3 min read
Sponsoring employers facing less pressure after 'radical' funding improvements
Defined Benefit

Sponsoring employers facing less pressure after 'radical' funding improvements

Broadstone says employer contributions needed to plug scheme shortfalls have ‘plummeted’

Holly Roach
Holly Roach
clock 22 April 2025 • 1 min read
Tender Watch: LGPS re-appoints Equiniti as admin software supplier
Defined Benefit

Tender Watch: LGPS re-appoints Equiniti as admin software supplier

LGPS re-appoints Equiniti as software supplier on national framework for a further four years

Professional Pensions
Professional Pensions
clock 15 April 2025 • 1 min read
Trustpilot