Looking through the pensions transfer window

Since A-Day, the rules in the pension market have changed considerably, but how are the changes in legislation that were implemented three years ago affecting the growth of the transfer market?

In football, the transfer market appears to be completely immune to the ongoing credit crunch, with record levels of spending showing the recession has not yet caught up with the game's big-spenders. Manchester City's recent failed £103m bid for AC Milan's Kaka proves there is a lot of life left in the transfer market, with more to come in the summer. Of course, not everyone approves of the football transfer merry-go-round with players switching from club to club. There are also regular calls for more regulation, as well as constant speculation that the merry-go-round is bound to stop spi...