Pensions - Articles - Comments on the appointment of the new Pensions Minister


LCP and the Society of Pension Professionals comment on the appointment of a new Pensions Minister, Torsten Bell

 Steve Webb, Partner at LCP, commented: "Torsten Bell will arrive at DWP with a deeper knowledge of pensions than many of his predecessors. In particular, his time at the Resolution Foundation included publishing a number of reports on pensions and savings issues which means he may well already have strong views on many topics.

 “This should also mean that the time it takes him to master his new brief will be considerably shortened. His many years as a Whitehall insider also means that he know how to get things done within government and hopefully that should mean that the status of pensions policy within government is enhanced as a result"

 Sophia Singleton, President of the Society of Pension Professionals, said: “This is a particularly important time for pensions policy with various consultations in train, Dashboards, Value for Money and other projects mid-progress and a much-needed pensions adequacy review having appeared to have stalled under the previous Minister. We therefore look forward to working with the new Minister to drive forward these important initiatives and implement the most effective, evidence-based pensions policy possible.”
  
   

Back to Index


Similar News to this Story

State pensioners to get above inflation triple lock boost
The Office for National Statistics has announced that the Consumer Prices Index (CPI) rose by 2.8% in the 12 months to February 2025, down from the 3.
Pensions for 9 in 10 DC savers invest in productive assets
TPR says larger schemes more likely to have the right governance standards and invest in a diversified portfolio. Smaller schemes seem less likely to
Transfer Activity index fell to record low in February 2025
XPS Group’s Transfer Activity Index has fallen to the lowest observed rate since the Index was established in 2018. In February 2025, there was an ann

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.