It is the view of Scottish Life that the complex UK pensions system could be simplified enormously i...
It is the view of Scottish Life that the complex UK pensions system could be simplified enormously if people were allowed to hold different forms of pensions concurrently. The idea of permitting full concurrency is a good one because it would allow people to make their own lifetime pension savings alongside those being made on their behalf by the state and, from time to time, by their employers. It is in no-one's interest for individual pension products to be so fragile they break every time someone changes jobs. Today's pension investors find it almost impossible to differentiate between ...
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