Expect more tinkering with pensions

Assuming the current rules on pensions will remain in place could prove to be a mistake, says David Prosser.

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Ros Altmann: don't back dangerous overhaul
(Image credit: This content is subject to copyright.)

Last week, the Centre for Policy Studies (CPS), a leading think tank, proposed that we should abolish the state pension in its current form. The suggestion is likely to fall on deaf ears, but it underlines how fluid the UK's pension system really is and why assuming the current rules will remain in place could prove to be a mistake.

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David Prosser
Business Columnist

David Prosser is a regular MoneyWeek columnist, writing on small business and entrepreneurship, as well as pensions and other forms of tax-efficient savings and investments. David has been a financial journalist for almost 30 years, specialising initially in personal finance, and then in broader business coverage. He has worked for national newspaper groups including The Financial Times, The Guardian and Observer, Express Newspapers and, most recently, The Independent, where he served for more than three years as business editor.