Thumbs down for the Pensions Bill says industry - papers 13th February

The Scotsman says the Bill has so far been dismissed as "poorly thought-out" and even "half-baked". Universal consent is the government has missed yet another opportunity to provide proper saving incentives addressing the UK's £27bn annual savings gap. The Consumers Association accuses the Bill of being "half-baked", and deems it "complex, risky and devoid of real choice". The disappointment comes after many in the industry expected to see incentives for employers taking a lead in promoting pension saving. Others wanted simplification of money purchase company pensions schemes. ...