The fire behind the national debate on pensions is to be stoked up by a new website, Pensionomics.com, which aims to act as a resource for anyone wanting to contribute in this field.

With pension reform creeping up the new Government's agenda, the site, sponsored by Pension Corporation, provides access to industry-wide commentary and research on the pensions landscape in the UK and internationally.

The website is a public forum, and Pensionomics is also present on twitter, @Pensionomics.
Those who have spoken out on Pensionomics.com about the pensions-related issues they feel the government must address include the Trades Union Congress (TUC), Confederation of British Industry (CBI), Social Market Foundation, David Willett MP and Policy Exchange.

Arguments raised include changes to the pension age, the development of a proper strategy around low earners, and dealing with the demographic challenges that lie ahead.

"Traditional company pension schemes were a kind of contract between the generations and as that has broken down the challenge is to create new savings instruments that help people through the lifecycle, help younger people to start saving, and perhaps even once more spread the risk across the generations," stated David Willetts MP.

Other contributions include from Guy Bailey, CBI, who said: "We...believe it is essential that, within its first months in office, the next government should establish an independent commission to investigate the true costs of public sector pensions, and to put forward principles for reform."

The website links to Pensions Tomorrow, a research initiative that focuses on pensions and longevity at the London School of Economics, and includes independent research and commentary from Pension Corporation's Thought Leadership programme.

Dr Bob Swarup, one of the lead contributors to Pensionomics.com and partner at Pension Corporation, said: "Pension Corporation has advocated a national debate for some time now on the future of pensions in this country. Although much is written about the cost of public sector pensions and the death of defined benefit, there is no real debate about what should be done. We have decided to help facilitate the debate through this independent website, which will be free to all users."

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