Simplicity, security and choice: Informed choices for working and saving
On 3 February 2004, Andrew Smith, Secretary of State for the Department of Work and Pensions, set out the action the Government is taking to empower individuals to make real and informed choices on working and saving for retirement. The proposals published in ‘Simplicity, security and choice: Informed choices for working and saving’ are fundamental in ensuring that people get the retirement income they expect.
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Read the summary
Read Simplicity, security and choice: Informed choices for working and saving
Read Annex 3
Read the press release
Further information:
On 17 December 2002 Secretary of State for Work and Pensions Andrew Smith released the green paper ‘Simplicity, security and choice: working and saving for retirement’ on the reform of pensions.
The green paper opened consultation about future policy and legislation, inviting comment and ideas from interested parties and the public at large. It contained options for reform, proposals for action and requests for views on particular issues. The consultation closed for responses on 28 March 2003.
More information on the pensions green paper, including the press release, a copy of the full report, executive summary and technical paper as well as a link to the Inland Revenue tax simplification paper, is available in the DWP consultation section.
In June 2003 the Secretary of State announced new measures to protect members of pension schemes and make it easier for companies to run the schemes. The proposals are the first steps the Government is taking following the consultation on the green paper. Find out more about the new pension proposals.
For information about pension reform for employers go to The Pension Service website.
All information on this site was correct at publication and is subject to © Crown Copyright