Tuesday 23 October 2007

A little less conversation on pensions please

The Government's long-awaited Green Paper on pensions was finally published last week, having been postponed since March and September. You can see it here.

It's frankly disappointing that there's not one hard proposal in it - just an invitation for submissions and debate. This has been done before. Check out this link from the Pensions Board about the National Pensions Policy Initiative. The objective of the Initiative was to facilitate national debate on how to achieve a fully developed national pension system and to formulate a strategy and make recommendations for actions needed to achieve this system. It was started in October 1996.

After eleven years, can we have a little less conversaion and a little more action please?

I've expanded on this theme in the Sunday Business Post here.

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