Rory Murphy says real and positive changes in the industry are best achieved if they reflect the interests of the consumer
The story of the UK pensions industry over the past two or three decades is littered with examples of legislative and regulatory interventions that were well-intentioned, even, in some cases, well received....
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.