Is an ex-investment banker now the most influential person in pensions?

Is an ex-banker now the most influential person in pensions?

clock

Similarities between the government's pensions tax relief green paper and recent briefing notes from think tank CPS lead James Jones-Tinsley to wonder if Michael Johnson is now the most influential person in pensions…

The first time I saw Michael Johnson speak was at a retirement planning conference in July 2010. Somewhat coincidentally, the conference was held just days after the Emergency Budget of the new coalition government, which had ushered in a number of far-reaching consultation papers on pensions. To set this in context, the event took place at a time when the lifetime allowance stood at £1.8m and the annual allowance stood at - gulp! - £255,000, although it was clear that both were firmly on the government's radar, because of their proposed deficit reduction plans. Further reading: ‘P...

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

Retirees feel regret after rushing to take out tax-free cash

Retirees feel regret after rushing to take out tax-free cash

Chancellor urged to provide earlier clarity ahead of 2026 budget

Isabel Baxter
clock 02 July 2026 • 3 min read
Third Financial launches white-labelled SIPP

Third Financial launches white-labelled SIPP

Titan Wealth first client to use service

Jenna Brown
clock 29 June 2026 • 1 min read
Environmental due diligence for SIPP/SSAS is as important as ever

Environmental due diligence for SIPP/SSAS is as important as ever

Environmental due diligence isn't just a ‘tick-box'

Caitlin Southall
clock 29 June 2026 • 4 min read