Abolishment of LTA, consultation on LGPS pool transfers and DC investment in growth sectors
Lifetime allowance on pension saving scrapped in yesterday’s Budget
Jonathan Ashworth was appointed to the role following a shadow cabinet reshuffle
Matt Rodda has taken over the role of shadow pensions minister from Jack Dromey following a Labour frontbench reshuffle.
A proposal to ensure savers receive a Pension Wise appointment prior to accessing their retirement pot has received cross-party support in parliament, while Labour seeks net-zero pensions by 2050.
The pensions industry is being given a fresh chance to feed into the Pension Schemes Bill as the Public Bill Committee launches a call for written evidence.
The House of Commons has confirmed that the Work and Pensions Committee (WPC) will be chaired by a Labour member of parliament (MP).
The Conservativess' pension policies are expected to be implemented in the coming months after yesterday’s general election confirmed a substantial win for the party.
After a tumultuous few weeks of campaigning, the Conservative party won their largest majority since Margaret Thatcher's 1987 victory in last night’s general election, while Labour is facing its worst defeat since 1935.
All of the major political parties have now unveiled their policies on pensions ahead of the general election. Professional Pensions looks at what they have promised.