|
|
Article: Pensions Reform Proposals: The Green Paper.(the United Kingdom is pushing for pensions reform)
- Article from:
- Mondaq Business Briefing
- Article date:
- January 16, 2003
CopyrightCOPYRIGHT 2003 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
'Simplicity, Security And Choice: Working And Saving For Retirement': Employment, Pensions And Benefits: Briefing 82
Summary
On 17 December 2002 the government published its Green Paper on pensions reform. Together with the Inland Revenue's consultation on tax reforms (published concurrently), the emphasis is on simplifying the body of pensions legislation and regulation. The Green Paper also concentrates on reforms aimed at protecting employees, working with employers to promote pensions in the workplace and creating a better understanding of the financial services framework. A new kind of proactive regulator is also proposed to replace Opra. Comments ...