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

Preparing for 2029: Adapting to the Budget's salary sacrifice cap

Preparing for 2029: Adapting to the Budget's salary sacrifice cap

'While this policy alters the landscape, it arguably represents an adjustment rather than a fundamental reform'

Steve Charlton
clock 22 December 2025 • 3 min read
Utmost to sell life and pensions business to JAB Insurance

Utmost to sell life and pensions business to JAB Insurance

To focus on wealth solutions business

Jen Frost
clock 22 December 2025 • 2 min read
Editor's view: How disjointed is the government's salary sacrifice change?

Editor's view: How disjointed is the government's salary sacrifice change?

The editor's Friday Night Takeaway from 19 December

Jen Frost
clock 19 December 2025 • 3 min read