Altmann criticises 'special treatment' of bankers' pensions

Jenna Towler
clock

Former Downing Street pensions adviser Ros Altmann has severely criticised the government's commitment to bankers' pensions.

She claims the government's intervention in the banking sector effectively gives bank workers' pensions a 100% guarantee in comparison all other workers who have "no taxpayer protection if their co...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

DB endgame strategies 'not yet set in stone'

DB endgame strategies 'not yet set in stone'

WTW finds 57% of schemes plan to review their endgame strategy in the next two years

Martin Richmond
clock 28 May 2026 • 5 min read
Amount of extractable DB surplus likely to be below expectations, PPI says

Amount of extractable DB surplus likely to be below expectations, PPI says

Institute’s report says scale of surplus accessible remains ‘uncertain’

Martin Richmond
clock 27 May 2026 • 4 min read
Aggregate DB scheme funding levels rise in April, PwC finds

Aggregate DB scheme funding levels rise in April, PwC finds

Consultancy’s Pension Funding Index shows aggregate surplus rose to £220bn last month

Martin Richmond
clock 27 May 2026 • 3 min read
Trustpilot