New pensions minister Ros Altmann must continue with the package of bold reforms that her predecessor began and focus on encouraging a "rebirth of savings culture" in the UK, Michael Johnson has said.
Johnson, a research fellow at the Centre for Policy Studies (CPS) think tank, outlined what he believes the Ros Altmann's key priorities should be as she takes control of the pensions brief. The government yesterday confirmed her life peerage was going ahead as planned. She will become a Conservative baroness in the House of Lords and pensions minister under the Tory administration. A CPS report released on 15 May, Some suggestions for the new pensions minister, urges Altmann to continue the work overseen by Steve Webb and outlines 16 additional measures to foster a greater savings cu...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
