Getting people to save enough for retirement - the HUGE elephant in the room
Although the headline is all about charges Lord Hutton makes a couple of excellent points around accumulation - providers must do more to help people understand whether they're on track or not. (I know, I know - multiple pots, advice/guidance, disengagement etc etc). Charges are important, clearly, but with the charge cap, cap on exit charges and IGC scrutiny I'm hopeful we can move on to more interesting matters - getting enough money in in the first place.