Cross party agreement 'needed to encourage pensions saving'
Cross party agreement is needed to encourage Britons to save for retirement, one expert has claimed.
A policy developed in agreement would lead more self-employed people to open pensions, Matt Harman, spokesperson for the Forum of Private Business (FPB), suggested.
"The problem is that the grand scheme of pensions is unappealing for, not just self-employed people, but for people in general," he said.
A national pension scheme is "not necessarily the answer" to encourage more consumers to save for retirement, Mr Harman added.
"What we need is cross party agreements for the considerable foreseeable future that pensions policy is going to remain the same."
This, he claimed, would restore consumers' trust in pensions and guarantee an increase in the number of people investing in such products.
His comments follow recent research from Scottish Widows, revealing that self-employed Britons are not contributing enough money to pensions.
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