Welcome to the Pensions Reform Group

"The Universal Protected Pension we put forward is the only workable scheme that guarantees to break the link between retirement and poverty" - Chair of the Pensions Reform Group, Rt. Hon. Frank Field MP.

The Pensions Reform Group was established in 1999 with membership drawn from politics, industry, academia, voluntary bodies, and other stakeholder groups. Our joint endeavour is to begin a serious and detailed debate on banishing pensioner poverty from our shores.

Latest News & Updates

Tuesday, 12 December, 2006

Response to Pensions White Paper

Responding to the publication of the White paper on private pensions today, the Chairman of the Pension Reform Group, the Rt. Hon Frank Field MP, said:

‘PRG greets the main proposal in the White paper for compulsory employer pension contributions with considerable apprehension. The main impact of this reform will be to level down towards 3 per cent employer contributions currently standing at 16 per cent for company defined benefit schemes and 6 per cent for defined contribution schemes. Worse still, any savings are likely to be invested through the government’s national pensions savings scheme which poses the biggest risk of the mis-selling of pensions for a quarter of a century.’