New pensions minister: Advisers cautiously welcome 'radical thinker' Torsten Bell

Former CEO of Resolution Foundation takes over pensions minister brief

clock • 7 min read

Advisers have given a cautious welcome to the latest pensions minister Torsten Bell with some voicing their concerns about potential policy changes which could be implemented during his tenure.

Bell, the former CEO of think tank Resolution Foundation, was appointed yesterday (15 January) as predecessor Emma Reynolds was promoted to economic secretary to the Treasury after Tulip Siddiq's resignation. Many advisers PA spoke to said they believed Bell's think tank background would give him a firm foundation in pensions policy, however, some questioned previous ideas put forward while he led the Resolution Foundation. Yellowtail Financial Planning Chartered financial planner Dennis Hall said he feared Bell was "too ideologically driven". He told PA: "I don't know much about T...

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 Pensions

FCA non-advised pension transfer plans branded 'anti-consumer'

FCA non-advised pension transfer plans branded 'anti-consumer'

AJ Bell blasts FCA’s plans as ‘worst kind of regulatory intervention’

Jenna Brown
clock 23 February 2026 • 3 min read
Advisers search for more than 100,000 pension transfers via Origo

Advisers search for more than 100,000 pension transfers via Origo

In first year

Isabel Baxter
clock 23 February 2026 • 1 min read
Pension consolidation deserves more respect than it gets

Pension consolidation deserves more respect than it gets

'For me, pension consolidation is a perfect illustration of why financial planning matters'

Andy Zanelli
clock 19 February 2026 • 5 min read