Ros Altmann: There Will Always Be a State Pension

Pensions Minister Ros Altmann quashes fears and rumours that the State Pension will be scrapped, and calls for help to prepare workers for pension freedoms

Emma Wall 15 April, 2016 | 3:17PM

Pensions Minister Ros Altmann has dismissed concerns that the State Pension will be scrapped, saying that while reform was essential she firmly believed “there will always be a State Pension and there should always be a State Pension”.

Speaking at a briefing in Westminster hosted by Team Spirit and the Pensions Advisory Service on Wednesday, Altmann said that while the pension system was one she had inherited rather than designed, she welcomed the introduction of a flat rate pension last week in place of the old means-tested State Pension.

Earlier in the day Centre for Policy Studies research fellow Michael Johnson put to the Work and Pensions Select Committee that the State Pension should be scrapped, calling it inefficient.

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Emma Wall  is former Senior International Editor for Morningstar

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