Friday, 22 March 2013

Politics in Pensions


Roger Mattingly, chair at the Society of Pension Consultants commented in the press that if Auto-Enrolment did not work, it would be the end to the careers of Steve Webb, the Pensions Minister, and his other pension colleagues. I think Roger has got it wrong. (Professional Pensions 11 March).

Steve Webb is a Liberal Democrat. He has no political ambition! It’s a surprise to him that he’s in power at all! His boss Iain Duncan Smith has been to the top of the party and back again- so he is a rare thing, an altruistic Tory!

It is to the pension industry’s advantage that we have two ministers involved in pensions policy  that are able for the most part to keep the politics on the side lines and do what’s right.

As for Roger’s comments, who’s the real one being political then?

1 comment:

  1. This is the best weblog for anybody who wants to find out about this topic. You realize so much its virtually onerous to argue with you (not that I truly would need…HaHa). You positively put a new spin on a topic thats been written about for years. Nice stuff, just great!

    Pension Planning

    ReplyDelete