Yet again the government has left changes to pension policy to the last minute. From the backtracking on property investment for self-invested personal pensions in December last year, after months of concern from the industry, to regulations on various aspects of A-Day arriving just before, or some cases after 6 April, why do successive politicians and government departments not listen to comments from the pensions industry until the 11th hour? With the public perception of pensions currently at low ebb we are looking for a clear message from the government that they are listening to industry concerns and are acting decisively.
Following publication of department of trade and industry guidance on the impact of age regulations on pension schemes back in April, the reaction of pension professionals was critical of both the ...
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