While financial services professionals have broadly welcomed the scrapping of the proposed secondary annuity market, some see it as an example of the government's inability to consider fully the practicalities of policy.
Dentons Pensions director of technical services Martin Tilley (pictured) said: "This was a 'think bubble' that should have been popped before it got to public consumption." His comments follow the government's...
Focus on technology
Transfers most complained about
Around half a day difference
£5m lost to fraud between February and June
'Received interest from 100 firms'
Achieved Chartered status
'Until absolutely safe'
Consults to address 'structural mismatch'