'Decent' pension for all proposed
The government is planning a "very radical" overhaul of the state pension, Business Secretary Vince Cable says.
He did not confirm newspaper reports that it could rise from about £97 a week for a single person to £140.
But Mr Cable said the proposals, such as replacing means-tested pension credits with a flat-rate payment, would ensure a "decent" retirement.
Critics said it sounded "too good to be true" and unaffordable, despite savings in administration costs.
Hugh Pym reports.
25 Oct 2010