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Behind the headlines: Former shadow pensions minister Gregg McClymont

The Labour party has been left licking its wounds after a general election routing by the Scottish National Party north of the border. So where does the opposition go from here, and what are the implications for financial services?

Money Marketing head of news Tom Selby talks to former Labour shadow pensions minister and MP for Cumbernauld, Kilsyth and Kirkintilloch East Gregg McClymont about what went wrong and how the party can recover in the next five years.

We also discuss the Queen’s speech, the future of pensions tax relief, the continuing affordability of the state pension and the key challenges facing recently appointed pensions minister Ros Altmann.

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Comments

There are 2 comments at the moment, we would love to hear your opinion too.

  1. Douglas Baillie 1st June 2015 at 1:29 pm

    Ros Altman will be focussed primarily on reducing the net cost of state pension benefits.
    Her focus must now turn to bringing sense to private pensions (not auto-enrolment), and sorting out the turmoil resulting from the regulatory mess created by Steve Webb as a consequence of massively Liberalising far too easily into ‘pension freedoms’.
    The dichotomy that now exists between the Treasury and the FCA needs to be urgently addressed and sorted so that advisers and consumers actually know what can and cannot be done safely.

  2. Ken Bannister 1st June 2015 at 3:13 pm

    Good luck Ros!

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