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Pension industry 1-0 Torsten Bell

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30.04.2026

Thursday 30 April 2026 5:49 am  |  Updated:  Wednesday 29 April 2026 5:07 pm

Pension industry 1-0 Torsten Bell

By: Christian May

Editor-in-Chief

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Torsten Bell, last but one. Photo: Stefan Rousseau/PA Wire

We should be grateful that the absurd idea of a government-imposed cap on rent died less than 24 hours after it first reared its head, but another madcap Treasury scheme took far longer to bite the dust.

The government’s Pensions Schemes Act (which passed into law yesterday) contained plenty of sensible and interesting measures, including new rules for consolidating small pension pots and a new Value for Money framework, but one element of the proposed legislation, so-called........

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