Liz Kendall announced this week that she is reviving the pension commission as the government tries to tackle what she described as a looming “tsunami of pensioner poverty”.
The work and pensions secretary said the government is setting out to “tackle the barriers that stop too many saving in the first place” after her department found that people retiring in 2050 are on track to be poorer than those retiring today, expecting to get £800 less in private pension income.
