Scaling back pensions minister role 'signals future danger' - Ros Altmann

Pensions policy is extremely important

Jenna Towler
clock • 5 min read

The decision to ‘downgrade' the role of pensions minister places future policy developments at risk, ex-minister Ros Altmann has warned.

Altmann quit the role of minister of state for pensions on Friday and has been replaced by Watford MP Richard Harrington. Harrington's job title is 'parliamentary under-secretary of state for pensions' which is the lowest of three tiers of government minister in the UK below minister of state and secretary of state. Harrington joined the Department for Work and Pensions (DWP) on 17 July having previously been under-secretary of state for Syrian refugees. Altmann (pictured) said the decision to downgrade the position "could pose threats to future pensions and we must be alert to the...

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

HNW individuals call for pension reforms and tax changes

HNW individuals call for pension reforms and tax changes

Almost nine in ten want to see pension reforms, Saltus finds

Isabel Baxter
clock 13 May 2024 • 1 min read
FCA/TPR value for money framework a 'key priority' for 2024/25

FCA/TPR value for money framework a 'key priority' for 2024/25

Regulatory duo first announced a plan for common measurements in 2022

Hope Coumbe
clock 10 May 2024 • 1 min read
NAO finds estimated cost of dashboards has risen £54m

NAO finds estimated cost of dashboards has risen £54m

'The DWP must learn lessons from what happened on this programme'

Holly Roach
clock 10 May 2024 • 3 min read