Elaine Turtle: Capital adequacy – the unintended consequences
When SIPPs were created in Chancellor Lawson’s Budget speech back in 1989, the world was a different place. We were pre-financial crisis, pre-simplification, pre-freedom and choice and less engaged with saving for the long term, in part due to the pensions industry having been dominated by DB schemes.
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Last modified on Friday, 24 November 2017 17:50
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