Pension changes need to benefit all, not just the rich

Updated
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The simplification of pensions in 2006 was supposed to be a new dawn for a complex area of legislation but alas it wasn't to be, in fact it created quite the opposite effect adding pages of new rules and ever more mind-numbing dos and don'ts.

With pensions receiving such a huge overhaul courtesy of the coalition government, could now be the time to genuinely simplify pensions and make them suitable for the 21st century (even Prince Charles has questioned why we're using a pension system that's only right for the 19th century).

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