Insurers alone are to blame for savings scandal - Telegraph.co.uk

Insurers alone are to blame for savings scandal - Telegraph.co.uk

Telegraph.co.ukInsurers alone are to blame for savings scandalTelegraph.co.ukBy Richard Dyson, Personal Finance Editor ... This was the decade when insurers began wrongly persuading people to opt out of valuable workplace pension schemes and instead sign up to comparatively poor-value personal pensions. ... It is no accident that few, if any, new with-profits plans are taken out. It is no accident that new, “cleaner” businesses, such as asset managers and brokers, are winning new savers today. If the regulator is to blame for anything, it is for acting too late. - richard.dyson@telegraph.co.uk ...and more »

Source: Insurers alone are to blame for savings scandal - Telegraph.co.uk

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