Don't get me started… PP's prophets tells us what is making them angry about pensions

clock • 1 min read

PP's panel of pension prophets - Malcolm McLean, Roger Mattingly and Robin Ellison - discuss what is currently annoying them about the UK pensions system.

 

The trio will be appearing along with Independent Trustee Services director Peter Askins, at this year's Pensions and Benefits UK, a conference which will be held at the Queen Elizabeth II Conference Centre on 28-29 June.

PAN Trustees director Roger Mattingly has a number of items on his "grumpy list" - top of which is the trend of selling product rather than looking after client and member needs first and foremost, something he says is becoming "prevalent" within the industry.

Pinsent Masons head of strategic development for pensions Robin Ellison says he is disappointed, among other things, about The Pensions Regulator (TPR), which he feels may be "costing us a lot of money for not very much benefit". He also rails against what he calls the "unholy alliance" of HM Revenue & Customs and HM Treasury and the "grotesque instability" of the pensions tax system over the past 15 years.

Barnett Waddingham senior consultant Malcolm McLean - the chairman of the panel - said he was angry about the "constant tinkering" of pension rules by politicians.

Want to hear more? The pensions prophets will discuss these and other issues in depth at PBUK. To join them book your place here.

 

Pensions and Benefits UK 2016:

Book your complimentary place here

 

More on Industry

Industry not convinced that Sterling 20 initiative will help schemes invest more in UK assets

Industry not convinced that Sterling 20 initiative will help schemes invest more in UK assets

PP poll finds industry not in agreement over whether initiative will boost UK investment

Holly Roach
clock 31 October 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

£4.6bn buy-in deal, Barnett Waddingham full-year accounts, People’s Pension appoints Invesco

Professional Pensions
clock 31 October 2025 • 1 min read
HMRC repays £48.5m in overpaid pensions tax in Q3 2025

HMRC repays £48.5m in overpaid pensions tax in Q3 2025

Analysis finds savers have recouped more than £1.5bn since introduction of pension freedoms in 2015

Martin Richmond
clock 31 October 2025 • 4 min read
Trustpilot