Try harder, Darling

Article Abstract:

United Kingdom proposals for pension reform tackle a key issue, and pensions from the government account for almost 10% of gross domestic product, with private pensions accounting for some 50% of the financial assets of households. The government has already raised pension funds, in 1997, and the reform would not affect the pensions of the better off. Poorer people meed incentives to save and work as well as adequate pensions. Increased aid for poorer people could undermine the will to save. A tax rebate system would help tackle the problem and reinforce the incentive to save.

United Kingdom, Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs), Old Age & Survivors Insurance, Editorial, Welfare reform

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Trust betrayed

Article Abstract:

Problems facing Equitable Life policyholders and their implications for the pensions industry are examined in detail.

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The blame game

Article Abstract:

Reasons for problems faced by Equitable Life, a mutual insurer, are examined in detail.

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