CBI pensions paper will contribute to debate, but does not provide all the answers

September 2004
Management Services;Sep2004, Vol. 48 Issue 9, p5
This article deals with the contribution of Confederation of British Industry (CBI) to the pensions debate in Great Britain. According to Charles Cotton, Pensions adviser at the Chartered Institute of Personnel and Development (CIPD), in response to the Government's 2002 green paper, they called on the government to review the existing scheme to provide a simple safety net and for a debate around the level at which the net should be pitched and how it should be funded. Contribution to that debate from the CBI is welcome. However, there are not quickly fixes to the pensions conundrum. The response by CPI appears to offer little to counter inevitable criticisms that their solution will lead to backwards steps in efforts to tackle pensioner poverty. The CIPD has contributed to the debate by supporting the research of the Tomorrow Project in its publication Reshaping Retirement.


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