Pensions policy "is a complete shambles"

Sep 09 2004 by Brian Amble Print This Article

Jeremy Warner uses his column in the Independent to let rip on pensions.

The problem with the pensions timebomb is that by definition, it is a problem for the future, not the here and now. This makes governments extraordinarily reluctant to address it in any meaningful way, as any such attempt is almost bound to involve an immediate cost in the form of higher taxes, or at least the prospect of them. The easiest political option is to let sleeping dogs lie. When eventually they awake, it will be someone else's problem.

The Independent | Pensions shambles that no one wants to grip