David Cameron open to idea of workers saving up to fund own sick pay

‘David Cameron is prepared to look at making workers pay into flexible saving accounts to fund their own sick pay or unemployment benefits, Downing Street has confirmed.

The idea was first floated by Iain Duncan Smith, the work and pensions secretary, who said he was ‘very keen’ to have a debate about encouraging people to use personal accounts to save for unemployment or illness, even though it is not official government policy.’

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