'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

M&A outlook: FCA's consolidation review beginning to 'play out in real time'

M&A outlook: FCA's consolidation review beginning to 'play out in real time'

‘2025 has really been the year the FCA stepped up’

Isabel Baxter
clock 05 January 2026 • 5 min read
Debt nation: Why financial education must become a national priority

Debt nation: Why financial education must become a national priority

Financial literacy isn't a 'nice-to-have' - it's a national resilience strategy

Viktor Prokopenya
clock 05 January 2026 • 3 min read
Andrew Goodwin: Financial advice in the age of bewilderment

Andrew Goodwin: Financial advice in the age of bewilderment

'The fallout from the Budget could mark a genuine sea change'

Andrew Goodwin
clock 05 January 2026 • 4 min read