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08/03/2011
Smith Aims To Simplify State Pension
The Work and Pensions Secretary is due to announce how the government will "fundamentally simplify" the pensions system.
Iain Duncan Smith's speech will aim to encourage saving for retirement and will highlight a move towards flat-rate payments for men and women.
The government believes the decision will remove low earners disincentives helping to build up savings. The move would encourage fairness for those who take time off to raise their children.
It is believed the basic state pension would be set at £140 per week, however the rate will not be confirmed in Mr Duncan Smith's speech to Age UK. The speech will indicate how the current system is too complex and that means tests discourage many people from saving for retirement.
(BMcN/KMcA)
Iain Duncan Smith's speech will aim to encourage saving for retirement and will highlight a move towards flat-rate payments for men and women.
The government believes the decision will remove low earners disincentives helping to build up savings. The move would encourage fairness for those who take time off to raise their children.
It is believed the basic state pension would be set at £140 per week, however the rate will not be confirmed in Mr Duncan Smith's speech to Age UK. The speech will indicate how the current system is too complex and that means tests discourage many people from saving for retirement.
(BMcN/KMcA)
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25 October 2012
Child Benefit Cap Under Consideration
The work and pensions secretary has announced he is considering a proposal to cap child-related benefits for families at two children. Iain Duncan Smith said stopping the current system, where families get more benefits the more children they have, was part of changes being considered.
Child Benefit Cap Under Consideration
The work and pensions secretary has announced he is considering a proposal to cap child-related benefits for families at two children. Iain Duncan Smith said stopping the current system, where families get more benefits the more children they have, was part of changes being considered.
01 July 2011
Britain Urged To Employ British
Work and Pensions Secretary Iain Duncan Smith has urged UK companies to reach out to unemployed young Britons. Speaking to the Spanish Foundation for Analysis and Social Studies in Madrid, he encouraged British businesses to "give a chance" to Britons, rather than depending on foreign workers.
Britain Urged To Employ British
Work and Pensions Secretary Iain Duncan Smith has urged UK companies to reach out to unemployed young Britons. Speaking to the Spanish Foundation for Analysis and Social Studies in Madrid, he encouraged British businesses to "give a chance" to Britons, rather than depending on foreign workers.
29 March 2004
Duncan Smith cleared over office funding allegations
A parliamentary watchdog report has cleared the former Conservative Party leader Ian Duncan Smith over allegations of impropriety in relation to the running of his private office. The Select Committee on Standards and Privileges report follows an inquiry into a complaint regarding the payment of Betsy Duncan Smith for secretarial duties.
Duncan Smith cleared over office funding allegations
A parliamentary watchdog report has cleared the former Conservative Party leader Ian Duncan Smith over allegations of impropriety in relation to the running of his private office. The Select Committee on Standards and Privileges report follows an inquiry into a complaint regarding the payment of Betsy Duncan Smith for secretarial duties.
30 October 2003
Tory Chief Whip steps down
The Conservative Party's Chief Whip has stepped down in the aftermath of Iain Duncan Smith's failure to win last night's vote of confidence. David Maclean, the opposition Chief Whip, whose job it is to drum up support in the Commons for Conservative policies, tendered his resignation in a letter addressed to Conservative MPs.
Tory Chief Whip steps down
The Conservative Party's Chief Whip has stepped down in the aftermath of Iain Duncan Smith's failure to win last night's vote of confidence. David Maclean, the opposition Chief Whip, whose job it is to drum up support in the Commons for Conservative policies, tendered his resignation in a letter addressed to Conservative MPs.
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