Simon Kew, Head of Market Engagement at leading independent consultancy Broadstone said: “The Reform Party unveiled their manifesto earlier today which offered very little detail on pension reform other than marking out a broad ambition to see the UK system mirror Australia’s pension landscape. |
“While Australia’s system is commendable, it is important to recognise the significant structural and contextual differences between the UK and Australia. Implementing Australia's pension model in its entirety here would entail substantial financial implications and logistical challenges.
“Furthermore, the effectiveness of any proposed pension reforms will depend heavily on the thoroughness of their implementation strategies. |
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