Zurich calls for new 'savings minister' role

Written to 'main' political parties

Tom Ellis
clock • 2 min read

Zurich has called for the creation of a new 'savings minister' role, claiming it could help governments develop a "more coherent" approach to pension policy.

The insurer argued the new role could span both HM Treasury and the Department for Work and Pensions. The incumbent would be responsible for "leading government-wide development, implementation and review of policy and legislative frameworks," it said. Zurich has written to the "main" political parties, explaining the role could "rebuild consumer confidence" in long-term savings in the UK. No party has yet released its manifesto ahead of the General Election on 8 June.  "A savings minister would secure political representation for savers at the very top of government, coordinate savin...

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