Hayek on Capitalism and Socialism – A Scholar for All Seasons

Arthur Seldon, consultant editor of Economic Affairs and Vice-President of the IEA, reviews Hayek's latest book , The Fatal Conceit.     

How can the pensions market be made to work better?

Consumers are very dissatisfied with the pensions market and it is unlikely that Financial Services Act regulation will improve the situation. More effective competition between suppliers is more likely to be successful and ways need to be found to increase it rapidly from its current low level. More sclosure f information, particularly about the profitability of new business and investment returns is needed, as is an independent rating agency.