Hargreaves Lansdown's five-point plan for retirement income reform

It said it had consulted regulators, government departments, trade bodies and consumer groups before developing its ideas. Hargreaves' blueprint for retirement income reform 1 Make pensions easy to understand: No more gobbledy-gook. Clear, simple messages are required, so we'd like to see annual pension statements with very clear messages about how much income investors are likely to get in retirement. 2 Make shopping around easier to understand: The Pensions Passport. The Financial Conduct Authority inherited its rules on the Open Market Option from the Financial Services Authority...