May 9, 2005
LABOUR IS REPUBLICAN:
Pension crisis leads Blunkett to consider compulsory savings (FRASER NELSON, 5/09/05, The Scotsman)
EVERYONE in Britain could be forced to divert a share of their salaries into pension funds after David Blunkett, the new Work and Pensions Secretary, put compulsory saving back on the agenda yesterday.His decision to consider all options, including a pensions "tax", represented a major government U-turn, coming only four weeks after Tony Blair, the Prime Minister, ruled out the idea of compulsory pension savings.
Posted by Orrin Judd at May 9, 2005 8:33 AM
