But that cap, when combined with enabling savers to switch providers without any penalty, was key to the major flaw with stakeholder pensions.
Those firms offering the schemes could not guarantee they would take enough cash to cover the expense of administration, which is naturally skewed towards the outset of a policy by set-up costs.
It is an extreme example, but conceivably policyholders who had paid 1 per cent of £25 for three months could then take their business elsewhere having contributed 75p towards the cost of setting up and transferring out of the scheme.
Even if the 1 per cent figure is scientific, you wonder where the consistency is with government policy, when the recently launched Lisa carries an effective exit penalty of 20 per cent, ostensibly to deter people from cashing that in before they need to.
Ultimately of course, we should be educating the public about the impact that early encashment will have on their retirement, but that will take generations.
Until then, if the government and regulator are serious about closing the savings gap, they should do what they can to take temptation out of the way and help us all towards an abundance of marshmallows in the future.
