Pensions No.2 Bill Regulatory Impact Assessment
November 2008
The proposals set out in the Pensions (No. 2) Bill are intended to increase private pension saving. They form part of a reform package designed to ensure that there is a pension system fit for the 21st century which provides security for pensioners.
The proposals meet the five tests for pension reform set out in the May 2006 White Paper. These were to support personal responsibility and deliver fairness, simplicity, affordability and sustainability.
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