The National Association of Pension Funds is calling on Chancellor of the Exchequer Gordon Brown to reaffirm his support for occupational pensions schemes in this month's budget.
The NAPF says a high-profile demonstration of support is vital to stop the decline in the coverage and quality of occupational schemes.
It wants Gordon Brown to make a clear statement over the Government's long term pension policy.
It believes that outlining the Government's aims and intentions over pension taxation is essential to rebuild confidence among employers offering occupational schemes.
The association is demanding the Chancellor sets up a long term tax and regulatory framework which is beneficial to the achievement of the Government's long term goal of increased pension provision.
It wants a set of basic principles including a single tax regime and a savings hierarchy which recognises the importance of pension schemes above other forms of savings such as Isas.
Other measures on its wishlist include concurrent membership of stakeholder and all other forms of pension, a one stage introduction of the state second pension removing the current complexity of the planned two phase introduction and a simplification of defined benefit scheme rules.
NAPF director general Ann Robinson says : “Employers providing pensions need reassurance that the Government's actions will in future match its rhetoric.The tax and regulatory environment has become less attractive over the last few years and the first task must be to arrest a decline in coverage and quality of schemes.
“If the Chancellor does not do anything in the budget he will go down in history as missing a great opportunity to get the UK pensions regime on a long term course.”