Scaling back pensions minister role 'signals future danger' - Ros Altmann

Pensions policy is extremely important

Jenna Towler
clock • 5 min read

The decision to ‘downgrade' the role of pensions minister places future policy developments at risk, ex-minister Ros Altmann has warned.

Altmann quit the role of minister of state for pensions on Friday and has been replaced by Watford MP Richard Harrington. Harrington's job title is 'parliamentary under-secretary of state for pensions' which is the lowest of three tiers of government minister in the UK below minister of state and secretary of state. Harrington joined the Department for Work and Pensions (DWP) on 17 July having previously been under-secretary of state for Syrian refugees. Altmann (pictured) said the decision to downgrade the position "could pose threats to future pensions and we must be alert to the...

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

New pensions minister: Advisers cautiously welcome 'radical thinker' Torsten Bell

New pensions minister: Advisers cautiously welcome 'radical thinker' Torsten Bell

Former CEO of Resolution Foundation takes over pensions minister brief

Jenna Brown and Isabel Baxter
clock 15 January 2025 • 7 min read
Retirement confidence: Why are women still lagging behind?

Retirement confidence: Why are women still lagging behind?

'If we don't do better, the gender pensions gap won't be closing any time soon'

Laura Barnes
clock 14 January 2025 • 4 min read
Administrators reach sale deal for PSG's Unity SIPP

Administrators reach sale deal for PSG's Unity SIPP

Scheme operated around 5,500 SIPPs

Jen Frost
clock 10 January 2025 • 2 min read