Simplification a rich man's investment activity

Mike Morrison, pensions strategy manager at Winterthur Life, rebukes various media press calls for chancellor Gordon Brown to u-turn on various issues within the new simplified pensions regime. Speaking at a summer roadshow event in Harrogate, Morrison says most advisers will have already reviewed their client portfolios in preparation for legislative changes due in April next year. He says: “Portfolios will have been appraised to maximise funding under the new rules, and measures will have been put in place to utilise tax-free cash and unused relief. The adviser may have reviewed optio...