Hmmm... difficult to know what to make of #JeremyHunt's proposal on #workplace #pensions.
On one hand a consolidated pension that stays with the #worker as they shift jobs & which employers are required to make contributions to, sounds like one way of avoiding fragmentation.
But the key issue is whether the providers will match what firms with long-established #pensionfunds can offer.
the 'devil will be in the detail', but on the surface seems the most sensible thing he's said this week?
@ChrisMayLA6 honestly when it comes to pensions I've become convinced that the real solution is to just pay workers today instead of offering a questionable promise of maybe paying them someday later.
If the employer is going to pay either way, then give the worker the pay today.
Everything else is speculative income.
