Andrew Goodwin: Politics and pensions - two traps for savers to avoid

‘Financial saviour or die-hard meddler?’

clock • 4 min read

Andrew Goodwin returns to Professional Adviser with an incisive analysis of politics, pensions and the adviser’s role in the mix…

In mid-January, amid scenes worthy of Yes, Minister, Tulip Siddiq resigned from Sir Keir Starmer's cabinet. She said her position as the government's anti-corruption minister might prove a "distraction" after she was accused of… er… corruption. The resulting shake-up saw Torsten Bell named pensions minister. Since Bell was formerly CEO of the Resolution Foundation, a think-tank that aims to improve the living standards of low-to-middle-income families, it was immediately suggested in some circles that he might be too "ideologically driven" for his new role. This could well prove th...

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

IHT on pensions to cause 'operational complexity and risk' for providers

IHT on pensions to cause 'operational complexity and risk' for providers

Expected to lead to delays in payments to beneficiaries

Isabel Baxter
clock 31 January 2025 • 3 min read
DB transfer advice slows since FCA's 2020 crackdown

DB transfer advice slows since FCA's 2020 crackdown

Many firms have stopped offering DB advice, regulator finds

Isabel Baxter
clock 30 January 2025 • 2 min read
SSAS and divorce: Everything advisers need to know

SSAS and divorce: Everything advisers need to know

'It's estimated that only 4% of divorces include a pension'

Caitlin Southall
clock 30 January 2025 • 5 min read