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.
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.