Pensions and ISAs - Weighing up the options

Recently there has been much talk about merging ISAs and pensions under the same legislation. The idea, it seems, is that by combining the two you create a flexible savings product that is more in line with the thinking of the generation under 35 years. I firmly agree that there is a need to encourage more people to save for their retirement and for those who are already saving to contribute more. However, I believe there is a clear distinction between the two savings vehicles, which should not be overlooked. Indeed, I believe there is an inherent danger in trying to mix the two in th...