AJ Bell director of public policy Tom Selby has warned that uncertainty around pension policy is becoming “damaging” for savers and advisers, arguing that “the one area of public policy that demands stability more than any other is pensions”.
Speaking on Professional Adviser TV following the Autumn Budget, Selby said the government's decision-making process had been overshadowed by the accidental release of a confidential Office for Budget Responsibility (OBR) report, a leak he described as "pretty unprecedented" and "embarrassing". "It's the sort of thing you usually only read about in history books," he said, referencing the 1940s case where a chancellor resigned after briefing a journalist. "This time the impact wasn't as bad as it could have been because so much of the Budget had already been trailed, but it raises seriou...
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