Regulation is not the answer on pensions

It is up to the Government to encourage greater saving for retirement rather than create another regulator to do the job on its behalf, says one financial adviser

A regulator is not the answer to the lack of savings and pension provision in the UK - not unless it has real teeth and can offer real incentives, rather like a Government should do. Having worked in a utility at the time of privatisation and some years thereafter, I have seen the effect of a regulator and its efforts to promote competition through price capping the former monopoly supplier. Some 20 years later, the former state-owned operator still has well in excess of 50% of the market. And when it comes to controlling pricing of basic needs, why isn't there a regulator for food pric...