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

Mandated AE increases risks 1 in 6 firms becoming insolvent
Nearly a third of businesses would freeze hiring entirely (31%) if the Government mandated higher employer contributions. Over two-fifths (22%) would
Gender in the business and pensions worlds
The fifth of its Inclusive Futures collection of articles today sees the Society of Pension Professionals (SPP) publish a paper on the subject of Gend
Pension transfer times speed up again ahead of Autumn Budget
Pension transfer times have been getting steadily faster throughout 2025, according to the latest Origo Transfer Index (OTI) data. The latest Q3 figur

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

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