MINISTERS have failed to deliver on their promise that simplification would sweep away hundreds of pages of unnecessary legislation, says Standard Life.
The life and pensions provider said despite the government’s “idealistic notion” it would brush aside the complexity of eight tax regimes, the 2004 Finance Act had left the industry worse off than before...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.