UK government encourages saving

In the UK, the latest post-Sandler Treasury proposals on the simplification of investment products further extends the UK Government's determined attempts to encourage more saving within the UK population who are not currently making sufficient provision for themselves. However, the prescriptive nature of the proposed new stakeholder products risks creating cloned products that investors will be encouraged to buy. It is understandable that pragmatic compromises need to be made in the design of the products. However these compromises serve to highlight the differences between these simplif...