Ros Altmann interview: We can't keep 'throwing' reforms at savers

The pensions minister discusses auto-enrolment, defined ambition, pot follows member, and other policies...

Helen Morrissey
clock

Helen Morrissey speaks to pensions minister Baroness Ros Altmann about her focus on auto-enrolment and why some policies have been put on the backburner.

I am speaking to Baroness Ros Altmann at the NAPF Conference just after her first major public speech as pensions minister. Discussion at the conference was sparked by a ministerial statement issued earlier in the day delaying work on key policies such as pot follows member, collective defined contribution (CDC) and defined ambition (DA). The reason given for the delay is to allow more time to embed auto-enrolment (AE) and support smaller employers as they reach their staging dates, and to focus on ensuring people understand the new flat-rate state pension. Such an approach is very...

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

IHT on pensions to cause 'operational complexity and risk' for providers

IHT on pensions to cause 'operational complexity and risk' for providers

Expected to lead to delays in payments to beneficiaries

Isabel Baxter
clock 31 January 2025 • 3 min read
DB transfer advice slows since FCA's 2020 crackdown

DB transfer advice slows since FCA's 2020 crackdown

Many firms have stopped offering DB advice, regulator finds

Isabel Baxter
clock 30 January 2025 • 2 min read
SSAS and divorce: Everything advisers need to know

SSAS and divorce: Everything advisers need to know

'It's estimated that only 4% of divorces include a pension'

Caitlin Southall
clock 30 January 2025 • 5 min read