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Let our MPs suffer pension worries

Attempts to reform the bloated MPs' pension scheme have been rumbling on for years. In a new consultation launched by the Independent Parliamentary Standards Authority (IPSA), MPs will be invited to sacrifice their gold-plated pensions in return for a higher annual salary, as part of a review of parliamentary pay and conditions.

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By Moira O'Neill,
16 October 2012

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Moira O'Neill

Moira O'Neill is the Harold Wincott Personal Finance Journalist of the Year for 2012. She has been a finance journalist for 16 years and joined Investors Chronicle in 2008 where she leads the funds and personal finance coverage.

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