White paper deregulation 'most important'

clock

The deregulatory review of pension legislation is one of the most important parts of the white paper, claims David Willetts MP.

Speaking at the National Association of Pension Funds (NAPF) Annual Conference, Willetts, a senior adviser to Punter Southall and the Conservative Shadow Secretary for Education and Skills, says it is one area of the paper which seems to have moved beyond Lord Turner’s original report. He says there was a missed opportunity in the Pensions Commission’s report for an implicit deal to keep employers funding pension schemes in return for help with the legacy costs and regulatory burden. Willetts welcomes the proposals for a deregulatory review and the assurances from the government it is s...

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 Investment

Advisers turn to smoothed funds to help manage volatility threat

Advisers turn to smoothed funds to help manage volatility threat

Decreasing exposure to equities also a popular strategy

Isabel Baxter
clock 26 March 2024 • 1 min read
Examining the 60/40: Building diversified portfolios in 2023

Examining the 60/40: Building diversified portfolios in 2023

Advisers have a lot to consider when it comes to portfolio diversification

Charlotte Moore
clock 14 April 2023 • 6 min read
Schroder Investment Solutions expands distribution of MPS

Schroder Investment Solutions expands distribution of MPS

Expanding the range of DFM choice on the Parmenion platform

Ayesha Venkataraman
clock 06 December 2022 • 2 min read