M-Day lessons for A-Day

As the pensions industry braces itself for A-Day in just 16 months time, technology provider Dunstan Thomas has decided to see if it can draw any parallels from experiences that the mortgage industry has just gone through in the run-up to M-Day. On the face of it the parallels are not obvious. M-Day was about an industry moving from a voluntary code of practice governed by the Mortgage Code Compliance Board (MCCB) to compulsory regulation by the FSA. A-Day, on the other hand, is about simplification of the tax regime and creation of one single lifetime limit from April 2006 instead of th...