From the Editor: Stakeholders - a return to core values

The UK market saw the introduction of Stakeholder pensions earlier in the Labour Government’s administration and they largely failed to make an impact on their desired market. Since then the phrase ‘stakeholder’ has been used by every institution or body from central and local government, through to regulators and product providers. But Freeman argues that the phrase has been misused and the subsequent ‘show trials’ of the likes of Goldman Sachs in the name of defending the stakeholders are ultimately only addressing the symptoms and not the cause so are doomed to failure. He has now ...