“Nothing moves quickly in pensions.” That’s a quote I used to hear a lot during the time I have been working in the industry, and I used to believe it.
These days however, it seems that things have been moving very fast indeed. Whether it’s the new flexibilities, the end of contracting out, or changes to the annual allowance, to name but a few, it seems there’s always something that needs doing urgently and always a deadline looming.
With all that going on, it’s understandable that the day to day can sometimes get overlooked. It’s very tempting to find comfort in the assumption that what’s been going on for years is ok, but is it?