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Welfare Reform on the Web (June 2001): Pensions - UK

GOVERNMENT ADVISERS CRITICISE NEW PENSION

N. Timmins

Financial Times, Apr 6th 2001, p. 6

Discuss the governments stakeholder pension scheme and how changes in policy since the stakeholder and the new state second pension were conceived will influence the decisions of the less well off.

A POPULATION AGEING IN YEARS NEED NOT BE OLD IN SPIRIT

J. Grieve Smith

Times, Mar. 22nd 2001, p. 27

Government pension policy is dominated by fear of how much it is going to cost to pay state retirement pensions to an ageing population. Argues that the problem could be managed by abolition of the standard retirement age and encouraging older people to carry on working.

PRUDENT PARVEEN IS THE CHANCELLOR'S FICTITIOUS SAVER

P. Toynbee

Guardian, Apr. 11th 2001, p. 18

Argues that people on low incomes should rely on means - tested welfare benefits such as the Minimum Income Guarantee (MIG) for old age provision rather than taking out stakeholder pensions which they cannot afford.