What the election means for pensions

Big questions hang over the government's pensions policies following the election, says David Prosser.

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Philip Hammond holds on to his job for now
(Image credit: Credit: Allstar Picture Library / Alamy Stock Photo)

Theresa May's failure to win an outright majority in last week's election means there are now serious doubts about whether she will be able to implement any of her campaign promises. Pensions policy is no exception, yet big questions about the future of the pension system need to be resolved fast to give people certainty as they plan for retirement.

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David Prosser
Business Columnist

David Prosser is a regular MoneyWeek columnist, writing on small business and entrepreneurship, as well as pensions and other forms of tax-efficient savings and investments. David has been a financial journalist for almost 30 years, specialising initially in personal finance, and then in broader business coverage. He has worked for national newspaper groups including The Financial Times, The Guardian and Observer, Express Newspapers and, most recently, The Independent, where he served for more than three years as business editor.