The Government should 'grasp the nettle' and prevent pensions policy becoming a short-term political football, according to the Consumers' Association response to the Pickering report.
The CA believe consumers are not saving because they are faced with a complex and inflexible system of products that are far too confusing.
Consumers' Association director, Sheila McKechnie said: “These recommendations provide the Government with a golden opportunity to modify the pension system to meet the customer needs and to motivate consumers to make provision for their futures.
“Now the government needs to grasp the nettle to avoid future generations picking up the tab for today's mistakes.”
The CA's latest figures show that nearly half the UK's workforce is not contributing to a pension scheme and they say this is because consumers are faced with poor products, bad advice and failed regulation.
They believe the Pickering review paves the way for the simplification and integration of the pension provision.
Sheila McKechnie said: “If taken forward Pickering's proposals should allow for a more flexible system, which allows for today's consumers who change jobs more regularly and have rapidly changing lifestyles.”
The CA does not believe the Sandler and Pickering reviews alone can solve the crisis, and want to see the government back up its promises by developing a co-ordinated pensions strategy that tackles compulsion head on.