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George Osborne’s reign as chancellor under David Cameron might be seen as an example of the laws of unintended consequences. His decision to allow people to draw down a significant lump of their painstakingly acquired pensions in 2015, far from a blow for freedom, seems to have turned into a pension scammer’s delight.
As demonstrated in a new campaign for the Pensions Regulator and the Financial Conduct Authority from M&C Saatchi.
Neatly done in classic M&C style.
But, as with so much that passes for financial regulation in the UK, the horse has probably left the stable already.
MAA creative scale: 7.
