Pensions minister Steve Webb said he was "astonished" when he learned of a claim by a former senior government adviser that the pension reforms were designed chiefly to bring forward the Treasury's tax income.
Speaking to Professional Adviser, Webb described the suggestion voiced by former government actuary Chris Daykin as "nonsense". "[The reforms are] about freedom, which were made possible by state pension...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till