Headlines: June 24th, 2002

The Institute of Public Policy Research (IPPR) is joining the debate about how to find a joined up solution to the problems caused by current retirement policies.Recently the TUC has launched an attack on Britain’s plans to meet old age provision, criticising the increasing number of companies who are abandoning final salary pension schemes and replacing them with less favourable pensions for their employees.

And the Financial Services Authority has expressed its concern at the influence on long term pension investments of the short term view on share values taken by senior company executives.

Now the IPPR is hoping to contribute to current thinking on the future direction of both pensions and long – term care policy. With its conference tonight (Monday, June 24) titled ‘A New Contract For Retirement?’ it seeks to identify the issues for the public and private sectors to address.

The conference will examine the government’s current policies and explore possible solutions for a more sustainable policy framework.

Speakers include: David Willetts MP, Shadow Secretary of State for Work and Pensions, Steve Webb MP, Liberal Democrat Spokesman for Work and Pensions, Peter Thompson, Chairman, National Association of Pension Funds.

Link: www.ippr.org.uk