Forcing the issue

One of the main objections put forward for making the open market option (OMO) the default, is that there are insufficient resources to advise another third of a million people each year. This is especially true, as the average fund size is only £25,000. However, is having insufficient resource to do something any justification for not doing it correctly? The facts of the matter are that this should not be a problem as there are enough large specialist retirement income brokers to absorb this increase. Another consideration must be whether people are getting the best advice. The whole are...