Michael Johnson

How the system could be reformed

Tax relief on pension contributions should be replaced by a Treasury contribution of 50p per £1 saved, argues a radical report by Michael Johnson for the Centre for Policy Studies (CPS).

Tax relief is "the lowest hanging fruit in Whitehall" and politicians were prepared to slash current levels to save the Treasury millions of pounds, according to a think tank.

Two rightist institutions have proposed surprisingly liberal pension reforms. Ruth Gillbe reports

The Department for Work and Pensions (DWP) should reverse its decision to consolidate savers' pensions through a system that would see pots following members as they change jobs, says a thinktank.

In a paper published today, Centre for Policy Studies fellow Michael Johnson made 15 recommendations on how the government can address the problem of small pots.

The annual cost of unfunded public sector schemes has increased since the introduction of the Hutton reforms according to figures from the Office for Budget Responsibility.

The Chancellor has been urged by a leading policy expert to consider scrapping salary sacrifice to save the treasury billions of pounds a year.

Public sector pensions will cost taxpayers an additional £9bn a year due to a ‘toxic' combination of the Public Service Pensions Bill and state pension reform, a Centre for Policy Studies paper shows.

This year has been one of the most eventful in recent times. This round-up brings you the year in quotes, from the backbiting and baiting to the grandstanding and gerrymandering.