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State pension service could be privatised under DWP plans
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=21278		 Page 1 of 1
Author:  pcernie [ Sun Feb 09, 2014 6:17 pm ]
Post subject:  State pension service could be privatised under DWP plans
http://www.theguardian.com/politics/201 ... -dwp-plans

OMJF.
Author:  MrStevenRogers [ Sun Feb 09, 2014 6:42 pm ]
Post subject:  Re: State pension service could be privatised under DWP plans
that has already started, NEST, National Earnings Saving Trust (private sector).

palming the total payment system out to the private sector is the next step ...

the same is happening within the NHS ...
Author:  Amnesia10 [ Sun Feb 09, 2014 6:50 pm ]
Post subject:  Re: State pension service could be privatised under DWP plans
Quote:
In a frank assessment the document says: "Opportunities to go further [with savings] are limited … [as] much of the 'low hanging fruit' has already gone.

So the scope for major savings are going to be very tough. I suspect that they will have to start cutting pensions.
Author:  MrStevenRogers [ Sun Feb 09, 2014 6:58 pm ]
Post subject:  Re: State pension service could be privatised under DWP plans
Amnesia10 wrote:
Quote:
In a frank assessment the document says: "Opportunities to go further [with savings] are limited … [as] much of the 'low hanging fruit' has already gone.

So the scope for major savings are going to be very tough. I suspect that they will have to start cutting pensions.


i think IDS has already put that in place ...
Author:  Amnesia10 [ Sun Feb 09, 2014 7:09 pm ]
Post subject:  Re: State pension service could be privatised under DWP plans
MrStevenRogers wrote:
Amnesia10 wrote:
Quote:
In a frank assessment the document says: "Opportunities to go further [with savings] are limited … [as] much of the 'low hanging fruit' has already gone.

So the scope for major savings are going to be very tough. I suspect that they will have to start cutting pensions.


i think IDS has already put that in place ...

Not until after the election.
Author:  hifidelity2 [ Mon Feb 10, 2014 10:26 am ]
Post subject:  Re: State pension service could be privatised under DWP plans
Amnesia10 wrote:
Quote:
In a frank assessment the document says: "Opportunities to go further [with savings] are limited … [as] much of the 'low hanging fruit' has already gone.

So the scope for major savings are going to be very tough. I suspect that they will have to start cutting pensions.

Unlikely without cross party consensus as Pensioners Vote unlike many young people so the politicians are scared of them
Author:  Amnesia10 [ Mon Feb 10, 2014 2:01 pm ]
Post subject:  Re: State pension service could be privatised under DWP plans
hifidelity2 wrote:
Amnesia10 wrote:
Quote:
In a frank assessment the document says: "Opportunities to go further [with savings] are limited … [as] much of the 'low hanging fruit' has already gone.

So the scope for major savings are going to be very tough. I suspect that they will have to start cutting pensions.

Unlikely without cross party consensus as Pensioners Vote unlike many young people so the politicians are scared of them

Quite possible with a pensions making up an even bigger share of benefits.
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