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

Former CEO of Resolution Foundation takes over pensions minister brief

clock • 7 min read

Advisers have given a cautious welcome to the latest pensions minister Torsten Bell with some voicing their concerns about potential policy changes which could be implemented during his tenure.

Bell, the former CEO of think tank Resolution Foundation, was appointed yesterday (15 January) as predecessor Emma Reynolds was promoted to economic secretary to the Treasury after Tulip Siddiq's resignation. Many advisers PA spoke to said they believed Bell's think tank background would give him a firm foundation in pensions policy, however, some questioned previous ideas put forward while he led the Resolution Foundation. Yellowtail Financial Planning Chartered financial planner Dennis Hall said he feared Bell was "too ideologically driven". He told PA: "I don't know much about T...

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

Andrew Tully: The time is right for far-reaching state pension debate

Andrew Tully: The time is right for far-reaching state pension debate

Essential we get cross-party support to any changes, rather than get involved in any political ping-pong'

Andrew Tully
clock 21 July 2025 • 4 min read
Chancellor 'confident' govt will not need to mandate pension scheme investment

Chancellor 'confident' govt will not need to mandate pension scheme investment

Rachel Reeves confirmed in Mansion House speech pension funds and government ‘are united’

Holly Roach
clock 16 July 2025 • 2 min read
Why documentation is king in the world of SSAS

Why documentation is king in the world of SSAS

'SSAS documentation - it isn't just best practice or a fiduciary requirement'

Caitlin Southall
clock 04 July 2025 • 4 min read