However, it argues plausibly that these problems have now been tackled through tougher regulation--and points out that the state would continue to guarantee the minimum pension.

ECONOMIST: Tomorrow's pensioners

Well, the Minimum Income Guarantee has been introduced and is to be transformed into the Pension Credit.

BBC: Peter Thompson's speech

The new Pension Credit to be introduced in October 2003 will guarantee a minimum income for pensioners, but could cause other confusion and headaches for women.

BBC: NEWS | Business | Women face 'pensioner poverty'