Pensions - Articles - Pension priorities for Therese Coffey

Steven Cameron, Director of Pensions at Aegon comments on Therese Coffey’s appointment:

 “Continuity at the helm of the government’s biggest spending department has taken another knock with the departure of Amber Rudd as Work and Pensions Secretary and the appointment of Therese Coffey bringing the tally to seven secretaries of state in four years.

 While the speed of the revolving door can only be destabilising for the Department for Work and Pensions (DWP) at least there is more stability for the pensions brief with Guy Opperman providing some consistency. We hope this means we’ll see no more delays from Therese Coffey on important priorities including pension dashboards and ‘default’ pensions for the self-employed. DWP also needs to work urgently with Treasury on key pensions tax issues including making sure non tax payers all get the pension tax relief they are entitled to.

 And we also need an urgent review annual and lifetime allowances to avoid the ridiculous situation which sees higher paid NHS professionals giving up work to avoid big tax bills on pension contributions.”

Back to Index

Similar News to this Story

PMI calls for key reforms to pension scheme governance
The Pensions Management Institute responds to TPR consultation on the future of trusteeship and governance.
Research shows how to increase savers DC pension pots
The DC Future Book 2019, an annual report on UK Defined Contribution (DC) workplace pensions published by the Pensions Policy Institute in association
L and G complete Tate and Lyle buy in
Legal & General announces that it has completed a £930m full buy-in for the members of the Tate & Lyle Pension Scheme.

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS


Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.