The Institute of Directors (IoD) has made a plea to the next elected government to not make any more changes to pension legislation or even appoint a pensions minister.
Referring to the changes to retirement freedoms announced in the Budget, IoD financial services policy senior adviser Malcolm Small warned that a lot of work would need to be done by the next parliament to understand and implement the changes. "If I have a plea for the next parliament, it's probably: please don't appoint a pensions minister and please don't change anything more because we have got a massive job in the next five, eight, ten years to implement and understand the changes that have been put through in this parliament," Small said. Speaking at the Now: Pensions 2022 report...
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