Pensions industry backs Tory general election win

clock • 4 min read

Most people in the pensions industry are hoping for a Tory victory on 7 May, according to research from Professional Adviser's sister title Professional Pensions.

This week's Pensions Buzz, which surveyed 119 people, found 60% wanted a conservative government next parliament, while 19% wanted to see Labour return to power. Many hoped Steve Webb would somehow cling on to the pensions brief however. Elsewhere in this week's survey, respondents criticised the regulator's guidance on transfers, and said it could take providers up to five years to come up with decent flexible retirement products. A comfortable majority of Pensions Buzz respondents would prefer the Conservatives to form the next government. Six in ten backed the Tories; ju...

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