I just want simplification to be simple

Don't get me wrong. You won't find a bigger fan of the new single pensions tax regime than me. And it's true a cursory glance shows it's simple. But delve a little deeper, and some aspects have the ability to get very complicated indeed. The word 'simplify' cropped up again this week with the publication of the Pensions Bill, which introduces state pension reform. In particular, the government had previously announced it was going to simplify state second pension (S2P) by bringing in from 2010 a simple accrual rate of £1.40 for each qualifying year. I can understand that. That is simple. ...