Whichever political party wins on 4 July pensions need reform

A more bold and ambitious vision will be required

clock • 5 min read

With just a few days left until millions of people head to polling stations across the country to decide who should form the next government, Jonathan Hawkins argues pension reform should be a top priority for any new government...

All major parties have addressed pensions in their hastily assembled manifestos ahead of this month's election, suggesting they recognise that pensions increasingly matter to voters. From cutting tax for pensioners with a new triple lock to encouraging UK investment and ensuring WASPI women (women born in the 1950s) receive compensation for changes to the state pension age, there are certainly some interesting promises designed to catch the eye of certain sections of the electorate. However, to deliver the large-scale changes the UK desperately needs, a more bold and ambitious vision ...

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

WBR group buys financial planning firm's SSAS book

WBR group buys financial planning firm's SSAS book

Part of long-term growth strategy

Jenna Brown
clock 05 May 2026 • 2 min read
The £22.40 question: Are clients in the dark on the full state pension?

The £22.40 question: Are clients in the dark on the full state pension?

'The political architecture is elegant, from the Treasury's perspective'

James Floyd
clock 05 May 2026 • 3 min read
Alltrust acquires Phoenix Wealth Family Suntrust schemes

Alltrust acquires Phoenix Wealth Family Suntrust schemes

Completion expected later this year

Jenna Brown
clock 29 April 2026 • 1 min read