The pensions savings marketplace could be re-energised with just a few changes to the original simplification proposals never adopted in the RIA, writes John Moret, Suffolk Life's director of marketing.
It was probably idle curiosity – or perhaps a moment of madness – that led me to reread the Regulatory Impact Assessment (RIA) for pensions simplification when I came across this document in a cupboard...
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected