'Political oxygen pretty limited' for further pension change - Cicero

Jenna Towler
clock

Ros Altmann could struggle to make her mark as pensions minister as ‘political oxygen' for further pension policy reforms is extremely limited, a consultant has said.

Cicero Consulting director Iain Anderson said while Altmann would be keen to make an impact on pensions policy other, more pressing parliamentary business would take priority. Speaking at the lang cat live event in London, Anderson said three big issues - the EU referendum, constitutional reform and austerity - would trump further pensions policy changes. Some 26 parliamentary bills were announced in the Queen's Speech, said Anderson, leaving little time for further pension or regulatory reforms. He said, "political oxygen is pretty limited" at present. The consultant predicted Alt...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Pensions

How retirement planning has transformed over the past 50 years

How retirement planning has transformed over the past 50 years

PPI report looks at the move from predictable pensions to personal responsibility

Jonathan Stapleton
clock 21 November 2024 • 3 min read
Act now: Planning for retirement is a concern for today

Act now: Planning for retirement is a concern for today

'Don't wait until tomorrow to think about retirement'

Andrew Tully
clock 20 November 2024 • 4 min read
Government publishes Pensions Investment Review interim report and launches DC and LGPS consultations

Government publishes Pensions Investment Review interim report and launches DC and LGPS consultations

Report published as Reeves delivered inaugural Mansion House speech

Jonathan Stapleton
clock 15 November 2024 • 4 min read