Tories reveal pension overhaul plans; note 'key role' for advisers

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A Conservative government will introduce a radical overhaul of the pension and savings system, Theresa May said yesterday.

Speaking at the annual Tax Incentivised Savings Association (TISA) conference, the shadow secretary for work and pensions said the Tories will bring in wide-ranging measures - including new savings and pension regulations - to repair a system damaged by 12 years of Labour government. May also underlined the key role advisers will play in resurrecting the country's financial services industry and encouraging a culture of saving. In a far-reaching speech, May said the Conservatives will look at viable alternatives to defined benefit pensions and bring forward auto-enrolment. She also re...

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