Britain's insurers today called on the Government to simplify and strengthen the state pensions system to help give future pensioners an unambiguous incentive to save.
The Association of British Insurers (ABI), which represents 97 per cent of the UK industry, has recommended plans to shake up the state pension.
The ABI praised government policies to increase the income of today's poorer pensioners but argued the state pension system was storing up problems.
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