Ruth Mitchell

Shadow Pensions Minister visits region

The Shadow Minister for Pensions, Nigel Waterson MP, is visiting the region today to outline the future direction of Conservative pension policy. Accountants, solicitors and financial advisers from across the North East will descend on St James Park at 12 midday as the Shadow Pensions Minister addresses an audience of over 70 delegates to reveal the thinking behind Conservative pension policy.

Don Robson, Divisional Director at investment management firm Wise Speke, who organised the event, said: “Pensions provision continues to be at the forefront of the political agenda and is in a period of significant change, extending from occupational, individual and personal pensions plans. Nigel is an acknowledged expert and has been instrumental in developing Conservative policy for a number of years. The seminar organised by Wise Speke presents a unique opportunity for the region to hear firsthand the direction of pension policy should there be a change of Government at the next election.”

Nigel Waterson was appointed Shadow Minister for Pensions and Older People in November 2003 having previously held positions as Shadow Minister for Trade and Industry (2002), Shadow Minster for Local Government and Housing (1999) and Opposition Whip in June 1997.

Earlier this year, Brewin Dolphin Securities, of which Wise Speke is a division, launched a Pension Tax Calculator to help compare the anticipated value of an individual’s pension on retirement to what it would have been had Labour not changed the tax treatment of pension funds in 1997. The calculator is available online at the Brewin Dolphin website.

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