Pensions Flashcards
What will the government’s approach to pensions?
Keep the ‘triple lock’ that we introduced.
What will the government’s approach to winter fuel payments?
Maintain them.
What will the government’s approach to pensioners’ bus passes?
Maintain them.
What pension issue is currently disproportionately affecting women, and what will we do about it?
A number of workers who earn between £10,000 and £12,500 have been missing out on pension benefits because of a loophole affecting people with net pay pension schemes. We will conduct a comprehensive review to look at how to fix this issue.
How will we protect pension pots from being plundered by reckless bosses?
Reintroduce legislation against it.
How will we help savers be better informed about their pensions?
Pensions dashboards.
What new pension scheme will we create?
A new style of pension scheme which is more sustainable for workers and employers.