Almary Green: Pensions regime needs continuity not more change

Helen Morrissey
clock

The government needs to stop making changes to the pension regime according to Almary Green.

Managing director Carl Lamb says the industry needs a period of continuity as "constant meddling and changing of goal posts is harming both the pensions market and those consumers attempting to save for their retirement." Recent changes include the lifting of NEST restrictions and amendments to the annual and lifetime allowances. "A-Day in 2006 signalled, what we thought, would be the definitive rules for the pensions industry, but in 2014 we will see further changes as the annual allowance and total lifetime allowance are lowered," he says. "These are just the latest in the lo...

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 Investment

Advisers turn to smoothed funds to help manage volatility threat

Advisers turn to smoothed funds to help manage volatility threat

Decreasing exposure to equities also a popular strategy

Isabel Baxter
clock 26 March 2024 • 1 min read
Examining the 60/40: Building diversified portfolios in 2023

Examining the 60/40: Building diversified portfolios in 2023

Advisers have a lot to consider when it comes to portfolio diversification

Charlotte Moore
clock 14 April 2023 • 6 min read
Schroder Investment Solutions expands distribution of MPS

Schroder Investment Solutions expands distribution of MPS

Expanding the range of DFM choice on the Parmenion platform

Ayesha Venkataraman
clock 06 December 2022 • 2 min read