The Chancellor highlighted 600k economically inactive people and also prioritised Life Sciences, Sophisticated Manufacturing for growth. DWP in its review needs to look at the LTA and AA in pensions which discourages our top specialists from working more years and more hours.

Filming with ITV today for a news segment on pension saving. Look out for ITV Evening News next week.

In 2018 my son had the tremendous privilege of holding the Calcutta Cup (note the gloves)! At the time, thought it was a once in a lifetime experience. Great game at the weekend between 2 great attack minded teams. An honour to hold onto to it for a wee bit longer.

The latest consultation from DWP and FCA considers how to help employers compare Value For Money (VFM) across qualifying workplace pensions schemes, but help for individuals considering VFM / best outcomes, in terms of where best to consolidate, still seems a long way off.

Enjoyed the IFS event today, with great contributions to the debate from David Gauke and Jo Cumbo. Lots of food for thought. My main take away - don’t knee jerk into entrenched positions. Mulling for a while is order of the day.

The Pensions Dashboard will eventually become a national treasure. Getting it done right is more important than getting it done quickly.

If Jeremy Hunt is successful in persuading high earning professionals to stay in employment longer, they will pay more tax. If they build up bigger pension pots they will then also pay more tax. Excuse the very Janet and John example - but surely its a win/win if he succeeds?

Pensions are taxed as deferred income ie you pay the income tax later in life when you take the money out. Allowing people to save more will reduce tax receipts in the short term, but should greatly increase them in the longer term, especially as the tax free bit is now frozen.

Inflation hits 10.4% thanks to continued supply side pressures. Can remedies designed to treat demand side led inflation do the job on their own, or do we need success on dealing with supply side pressures too? Which of the following could make the biggest difference? Views?

Launch of the IFS pensions review project this evening. Setting out scope at this stage with outcome expected after the General Election. Adequacy, self employed and the role of home ownership all in scope. Don’t feel such a lonely voice on the role of home ownership these days.

I wonder if Stamp Duty on new homes was paid to local authorities (preceded by a compensating reduction in central Govt funding to local authorities), whether treatment of planning applications might change? 🤔

Great event in Parliament tonight with TISA. Great and thought provoking presentations from Robert Gardner and Jasmine Birtles. Main take - listen to all arguments from all perspectives and seek consensus on action. #TISA

This is the richest and most comprehensive report we have done to date. We explore who is on track for a comfortable retirement and who will struggle. Knowing more about the nature of the challenge means that Govt, employers, and the industry can deploy more targeted remedies.

Great coverage of an important report which we hope will help Government, Employers and the industry to consider the challenges at a more granular level, making remedies more specific and effective.

Such an important category - keeping key stakeholders informed on issues which impact tens of millions. Well Done Laura!! 🥳

Fantastic to present Lauren with such an important award. Retirement is such an important issue to so many people and informative consumer journalism is such an important ingredient in helping people optimise their standard of living in later life. Well Done!! 👍🥇

The great tax deferment was wrongly labelled by some as the great tax ‘give away’, the main giveaway from the reforms to LTA and especially AA was the increased IHT benefit. Looks like Govt might have spotted and plan to close the last ‘give away’ loop hole.

2nd time in Parliament in 2 weeks. Last week commemorating 100 years of occupational pensions with the PLSA, hosted by Sir Stephen Timms. This week sharing thoughts with Sara Weller and MAPS hosted by Baroness Altmann. Very busy pensions policy agenda at present.