Altmann pledges to continue pension reforms

New pensions minister Ros Altmann has promised to take forward work bringing in the new state pension, help millions more to be enrolled into good quality workplace pension schemes, and safeguard the freedom and choice at-retirement reforms.

Ms Altmann, a well regarded consumer champion whose appointment was confirmed earlier this week, stated

“My priorities are clear: to strengthen British pensions, improve later life incomes, and protect the pensioners of today and tomorrow.”

Darren Laverty, Sales and Marketing Director at Foster Denovo comments “The last few years have been turbulent for employers and employees alike, with a raft of pensions changes.

“It will also be interesting to see what possible changes Altmann makes in respect of the lifetime allowance, which she has previously criticised as being ‘bad policy’, and ‘sending the wrong message’ to savers.”

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