The tumultuous political climate has inconvenienced the Queen: she had to step away from this year's Royal Ascot to open Parliament and deliver the customary Speech. In an apparent snub, the Crown was driven to the Lords in a private car, but our Monarch wore a hat instead.

Theresa May evidently decided the Queen should not mention the pension: no reference to the triple lock, state pension age, or additional powers for the Pensions

Regulator. Well, we need a break. Nevertheless, a total of 27 Bills are foreshadowed, which sounds a lot for Parliament to get through in a year until one remembers the 2018 Queen's Speech has already been cancelled. Aside from the predictable focus on wriggling out of the EU, there are a few aspects of the programme that will be of interest to the pensions industry.

Financial Guidance & Claims Bill

This Bill will allow the DWP to establish a new arm's-length Single Financial Guidance Body, accountable to Parliament, that will replace three existing providers of publicly funded financial guidance; namely: the Money Advice Service, The Pensions Advisory Service and Pension Wise. A public consultation on proposals for a . . .

21 June 2017   Check other news items