Simplicity is complex to implement

Professional Adviser
clock

Simplicity, security and choice are watchwords for what will happen when the Green Paper is put into action, says the DWP. However, there is more than a hint of sexing-up existing policy in the proposals

The Green Paper was published in December 2002. Following extensive consultation, the DWP then published a further paper in June this year headed Simplicity, Security and Choice, setting out how it intends to put the Green Paper proposals into practice. Overall, it is a mixed bag, with some good bits, some bad bits and a lot of waffle, sexing-up existing regulations to try and make it look as though it has have come up with some original ideas. Simplicity is definitely the best bit. Tax simplification: all those layers of legislation, eight different occupational and personal pension re...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •