PPI: Reforms will cut Pension Credit dependence

Analysis from the Pensions Policy Institute said one of the key aims for the reforms was to reduce the reliance on means-tested benefits. Its report warned high levels of reliance on means-tested benefits - and particularly on Pension Credit, which provides basic income - risk undermining the policy of auto-enrolment if individuals perceive that being eligible for means-tested benefits means they would not gain significantly from saving in a pension. The report said: "By setting the illustrative level of the proposed single-tier state pension above the level of the Guarantee Credit el...