'We need wise heads' - AIFA's Cummings on the new Govt

Restoring faith in retirement saving and cutting the protection gap...the new Government has a busy time ahead

clock

Restoring faith in saving for retirement and cutting the protection gap...the new Government has a busy time ahead, says AIFA director general Chris Cummings.

In that joyous "Haynes Manual" of how government really works: "Yes Minister", Sir Humphrey Appleby, Jim Hacker's Permanent Secretary famously remarked: "A career in politics is no preparation for Government". Today will see the appointment to ministries of state some politicians who have not grasped the levers of power before. Their experience will be of running their own business, working for others, or of working only in the political world. Today they will become responsible for departments where spending may run into billions and which employ tens of thousands of people - in A...

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 Your profession

Why the end of paper shareholdings matters now

Why the end of paper shareholdings matters now

‘There is still time before the 2027 deadline’

Ben Rogers
clock 11 May 2026 • 4 min read
How advisers can support clients through market volatility

How advisers can support clients through market volatility

‘Losses simply hurt more than gains feel good’

Sophia Panayi
clock 08 May 2026 • 3 min read
Feel Good Friday: Depledge founder to swim five-mile lake for Manchester homeless charity

Feel Good Friday: Depledge founder to swim five-mile lake for Manchester homeless charity

Raising money for Lifeshare

Professional Adviser
clock 08 May 2026 • 1 min read