Rewarding savers

In a country where we expect the number of people over 64 to swell from the current 9.5 million to 15 million in 2040, the drivers for the continuing reform of the UK's pension structure are pretty clear. The fact that many of those making inadequate provision for retirement are from low to moderate income households, where they are not always well-served by some existing pension products. Inertia, short-termism, and difficult choices all contribute to the problem and has led the government to focus on solutions and rightly so, in our view. This brings us to the publication, in December...