Retirement industry has 'lost sight' of pension system objectives

Speaking this morning (23 February) at a Work and Pensions Select Committee hearing, Curry said while recommendations made in the Turner Commission - the commission established to assess the UK's private pension system in the early 2000s - "almost exemplary in the way they were formed" and a lot of the system "still works well", a lot has changed in the last 16 years. "One thing that has changed is the environment in which the pensions system is operating and what has happened outside of the pensions system as well as some significant policy changes within the system," he said. He sug...