Five issues the under-secretary of pensions must tackle

A 'wish list' from the pension industry

Carmen Reichman
clock • 3 min read

MP for Watford Richard Harrington was made parliamentary under-secretary of state for pensions in July. Here are five areas the industry believes should be his priority over the coming months…

From auto-enrolment to the lifetime allowance, one thing is clear - the industry wants simplicity and no more rabbits pulled out of hats. A lot has happened in pensions over the past years, not least the radical overhaul of the legislative landscape under former Chancellor George Osborne, sandwiched between various attempts to tinker with the way pensions are taxed. Harrington (pictured) was appointed pensions under-secretary following the resignation in July of pensions minister Ros Altmann. Altmann said at the time she was "at heart a policy expert, rather than a politician" and had...

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

Why the real problems of the pensions dashboard are yet to start

Why the real problems of the pensions dashboard are yet to start

'Its aims seem not only less relevant but potentially problematic'

James Floyd
clock 23 June 2025 • 5 min read
Turning data into dialogue: Helping clients visualise retirement realities

Turning data into dialogue: Helping clients visualise retirement realities

'Data is more than just a collection of figures, it's a powerful tool for engagement'

Joshua Croft
clock 20 June 2025 • 3 min read
Average pension transfer took just 11 days at tax year-end

Average pension transfer took just 11 days at tax year-end

Origo says transfer times decreased around tax year-end with half taking seven days or less

Jasmine Urquhart
clock 17 June 2025 • 2 min read