2008 Pensions Act
Altmann is highly critical of the UK's new pension savings scheme, National Employment Savings Trust or NEST. She fears the advice will be inadequate and many lower-paid workers will be automatically enrolled into a scheme which will provide less than the means-tested benefits they would receive anyway. She doesn't think most people can save enough and says those entering retirement should be encouraged to work part-time so their pensions top up their earnings.
Read more about this topic: Ros Altmann
Famous quotes containing the words pensions and/or act:
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