CP15/30: Consultation response by the Pensions and Lifetime Savings Association
This consultation looks at what is needed to create a properly functioning market at retirement and starts from the assumption that savers can make the market work better. The experience of decades of experience in pension saving is that they cannot without significant support. Instead the experience of automatic enrolment shows that targeted policy interventions can be much more effective at raising standards across a whole market and creating good outcomes in a relatively short period of time.