BusinessCompany NewsPBR03: NAO to look at pensions

PBR03: NAO to look at pensions

Pensions reform will be examined by the National Audit Office.

Gordon Brown said the NAO would report by budget time. The hope is that an independent evaluation will enable a national consensus to be built on the issue. Despite moving Britain away from the Retail Price Index measure of inflaton to the international standard, the chancellor said pensions would continue to be linked to the older measure.

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