MPs: FSA must protect poorest pensioners from RDR

They said the regulator should intervene to mitigate the impact the rule-change is expected to have on consumer access to advice. In a letter to Lord Turner, financial secretary to the Treasury Mark Hoban, and pensions minister Steve Webb, the group urged the government to call a "retirement income summit" to discuss how to prevent the RDR widening the pensions gap. The cross-party group of politicians who signed the letter include Dame Anne Begg, chair of the Work and Pensions Committee; Jonathan Evans, chair of the All Party Parliamentary Group on Insurance and Financial Services; L...