Lib Dem Pensions proposals – authored by SLF – are big news in the industry

Janice Turner’s pensions motion, passed at Lib Dem Conference in Newcastle Gateshead last weekend, is causing a stir in the pensions industry.

In an article last Friday, the Profesional Pensions news site posted an article saying:

Liberal Democrat and experienced member-nominated trustee Janice Turner will deliver a policy motion on Saturday – backed by pensions minister Steve Webb – pushing for reform of both defined benefit and defined contribution pensions.

The site also republished the full text of the motion.

Lib Dem pensions minister Steve Webb MP has said he intends to implement the policy in full – and it was backed by a large majority of local representatives on Saturday afternoon.

UPDATE:

Janice and the SLF were back in Professional Pensions this week, reporting the success of the motion:

Liberal Democrats, including pensions minister Steve Webb, have backed a wide-ranging pensions reform package put forward by experienced member-nominated trustee Janice Turner at its Spring Conference.

Delegates overwhelming backed Turner’s policy motion which pushed for Lib Dems in government to act more decisively to protect defined benefit schemes and rethink defined contribution pensions in the private sector.

Tagged with: ,
Posted in blog archive
One comment on “Lib Dem Pensions proposals – authored by SLF – are big news in the industry
  1. I think Steve Webb had to implement this, but I am sure it will be welcomed. Janice Turner seems to be making all the right noises. Good luck to her.

1 Pings/Trackbacks for "Lib Dem Pensions proposals – authored by SLF – are big news in the industry"
  1. [...] announcement in the budget directly implements more of the SLF’s policy on private sector pensions which became party policy a year ago at the Lib Dem spring…. That policy motion criticised the current scheme funding arrangements for needlessly damaging [...]

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Follow us on Twitter

Blog archive