Gareth James: Time to look at the bigger picture

A recent theme of government retirement savings policy has been to target initiatives at individuals in clearly defined demographic groups. Between 2014 and 2015, for example, we saw the announcement and introduction of pension freedom. The reforms, branded as the most significant change to pensions in a century, were aimed squarely at savers aged 55 and over. While the prospect of the additional flexibility may encourage some younger savers to invest, it offers them little in terms of immediate benefit. Then, from 2016 to 2017, we have seen the announcement and introduction of the Li...