Was Webb right to point small employers away from pension advice?

Just when advisers were beginning to offer (or at least consider offering) widespread auto-enrolment guidance to businesses, remarks by Steve Webb appeared to suggest they should not have bothered. Webb told the Work and Pensions Committee he did not want small firms to seek and pay for “expensive” auto-enrolment advice; comments which later invited accusations the pensions minister was living in a “Whitehall bubble”. "There will be a distinction between large and small employers. Large firms will be able to pay employee benefit consultants,” Webb said. For small employers, he said...