A new advisory group has been set up to help deliver for the first time a joined up picture of people’s likely pension.

The Pension Forecasting Advisory Group chaired by the DSS, and with members drawn from the pensions industry and employers, will consider how to deliver the Government’s proposals for combined pension forecasts with a minimum burden for employers and pension providers.

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Schools are to receive 22 million pounds over three years to provide the training and expertise necessary when performance pay is introduced for teachers.

Schools Minister Charles Clarke said the success of performance pay depended on a system that was fair, non-bureaucratic and effective. He stressed the emphasis would be on ‘better communication, not paper overload.’

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