'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

The Platforms Association acquires the UK Platform Awards

The Platforms Association acquires the UK Platform Awards

Clive Waller hands over the awards programme

Isabel Baxter
clock 30 July 2026 • 2 min read
FCA bereavement survey sent to just 12 firms – 'A very small dip in the ocean'

FCA bereavement survey sent to just 12 firms – 'A very small dip in the ocean'

Covers advisers, platforms and wealth managers

Sophia Panayi
clock 30 July 2026 • 3 min read
'Underperforming' sector does more damage to women over time

'Underperforming' sector does more damage to women over time

Y Tree executive director Eliana Sydes speaks to PA

Sophia Panayi
clock 29 July 2026 • 2 min read