AlR,
A pretty big ticking off from the government then to the insurance industry... the days of milking people for negative return looks as if they are over....
How milliband can argue that cameron and co are looking after the banks and the rich when they have freed pensions customers from annuities i dont know...
it appears to me there is possibly going to be a pretty big flood of cash from psonal pensions into savings, i bet gideon is banking on that cash being invested in uk industries to help the reecovery.
very clever and very conservative!