Job only half done to reform the UK pensions system, pensions minister says

Torsten Bell says current pensions system is ‘unequal’ with ‘too high’ risks being loaded onto savers

Martin Richmond
clock • 2 min read
 Attribution 3.0 Unported (CC BY 3.0) parliament.uk
Image:

Attribution 3.0 Unported (CC BY 3.0) parliament.uk

The government and the pensions industry have only done “half of the job” to reform the pensions system, pensions minister Torsten Bell says.

Speaking yesterday (7 October) at the Legal & General 2025 Client Conference, Bell said while government policy decisions under successive governments have led to a halving of the level of pensione...

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 Industry

SPP: Developing the next generation of pension professionals

SPP: Developing the next generation of pension professionals

Tom Hill says the pensions industry has much to gain by investing in its emerging talent

Tom Hill
clock 26 June 2026 • 3 min read
Good News Corner: Actuary's acapella remix of Will Smith's Miami goes viral

Good News Corner: Actuary's acapella remix of Will Smith's Miami goes viral

Hymans Robertson partner becomes internet sensation during the World Cup

Jonathan Stapleton
clock 26 June 2026 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Keir Starmer resigns, what Andy Burnham could mean for pensions, and a TPR blog

Professional Pensions
clock 26 June 2026 • 1 min read
Trustpilot