A pension is for life not just for Christmas

JP Morgan’s Simon Chinnery says the industry must accept the price cap and design good products

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With the government's consultation now closed, the introduction of a pricing cap on auto-enrolment (AE) schemes looks like a done deal. Without speculating on the level of the cap, what does this change? Very little, in reality.

The priority of providing people with income in retirement hasn't changed; the disengagement of the majority of members hasn't changed; the lack of savings hasn't changed; the lack of knowledge abo...

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