RSM comments on appointment of new Parliamentary Under Secretary of State for Pensions

Commenting on the appointment of Richard Harrington MP as Parliamentary Under Secretary of State for Pensions, Ian Bell, Head of Pensions at RSM said:

‘While many in the sector may have baulked at some of the pensions reforms introduced over the last few years, there was never any doubt that both of the previous pensions ministers were on top of their brief.

‘While we wish the current incumbent every success in his new role, the downgrading of the position from Minister to Parliamentary Under Secretary sends a confusing message about the importance of pensions policy in Whitehall – particularly at a time when issues of pension provision have never been higher on the agenda.’