Partnership Savings
Partnership Savings
Discusses an idea of which the author was an initiator: ‘partnership’ matching grants to encourage savings for pensions and long‐term care. It argues that current systems for encouraging individuals to save for their old age or for long‐term care, such as tax relief on pensions contributions, are regressive and opaque. They should be replaced by a more progressive, transparent system whereby the government directly matches contributions made by individuals.
Keywords: long‐term care, matching grants, pensions, tax relief
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