What’s the solution to political tinkering? Here a Liberty Sipp we believe that, just as the Bank of England took over the control of interest rate setting in 1997, so it should also be handed control of the pensions industry.
That way we will have consistency and, dare we say it, a vision that stretches beyond a term or two of government. For a stable and fair pensions regime, the politicians need to be kept out of it. Well out of it.
John Fox is managing director at Liberty Sipp