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Hutton emphasises important role of advisers

John Hutton has called for IFAs to contribute to the consultation and discussion on pension reform post-Turner, emphasising the important role played by advisers.
Speaking at an Institute for Public Policy Research and Scottish Widows event at University College London the Work and Pensions Secretary said the Government is seeking the opinions of all stakeholders in the pensions debate and would welcome feedback from the adviser community on the potential affect of Lord Turner’s proposals.
He said the publication of the report next Wednesday will mark the beginning of a debate that will lead to the publication of Government proposals next Spring.
Hutton told the industry audience any plan to reform the pensions system must pass five key tests. He said the Government will ask if the proposed policies promote personal responsibility and if they are fair, affordable, simple and sustainable.
He said the Government will approach the report with an open mind and reiterated the fact that nothing has been ruled out.
He refused to be drawn on reports suggesting Chancellor Gordon Brown is attempting to undermine Turner’s proposals.
Hutton said: My view is IFAs play an important role in the debate to make sure solutions are genuine. We welcome the contribution of IFAs and others in the pensions debate.


Epoq sets up online will deal for brokers

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State’s share of retirement income falling below 50%

From next year, the state will no longer provide the majority of retirement income in the UK, according to research by Datamonitor and Prudential. The report shows that in 2006 state benefits will account for less than half of the average pensioner’s income. The figure is currently 51 per cent but is forecast to drop […]

Lewis faces quiz on CTF

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Guidelines bring accolade for Walsh

ABI head of health policy Richard Walsh has received an award from recognising the “respect and integrity” that he has shown to the gay community. The website for gay IFAs says Walsh’s role was instrumental during negotiations to create new HIV and insurance guidelines .The award was presented by human rights campaigner Peter Tatchell […]

Sierra Leone cover image - thumbnail

White paper — Sierra Leone International Insights

Jelf Employee Benefits assesses the areas that employers should be aware of when considering operating in Sierra Leone, including healthcare access, delivery and insurance provisions. This report draws on various sources to highlight specific considerations for this emerging jewel in West Africa.


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