Commenting on the General Election results, Helen Morrissey, pension specialist at Royal London, said:
“After months of wrangling today’s emphatic win puts Boris Johnson in a strong position to steam ahead with his agenda. While Brexit will undoubtedly be top of his to-do list we urge the prime minister to make good on his manifesto promises to help low paid workers in net pay arrangements as well as addressing the long running saga of NHS doctors affected by the tapered annual allowance. The Pensions Bill - put into mothballs after the election was announced, must also be dusted off to allow the industry to make much needed progress on issues such as the Pensions Dashboard.”
About Royal London:
Royal London is the largest mutual life insurance, pensions and investment company in the UK, with assets under management of £139 billion, 8.6 million policies in force and 4,348 employees. Figures quoted are as at 30 June 2020.