Research fellow reiterates call for ‘workplace Isa’

“The workplace Isa beckons and, for those without an employer sponsor, alternative (competing) providers should be available, including NEST,” he commented, explaining they could incorporate a form of risk pooling in decumulation to spread the post-retirement inflation, investment and longevity risks.

“Participation, however, should be optional, enabling savers to embrace the 2014 Budget’s post-retirement liberalisations (notably, to take cash from pension pots).”

peter.walker@ft.com