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Guy Opperman MP meets Zurich experts to talk pensions planning

Swindon, June 28, 2018

Pensions Minister Guy Opperman MP visit to SwindonPensions and Financial Inclusion Minister, Guy Opperman MP (pictured on the right) met with insurance company Zurich to learn more about what it is doing to help people plan effectively for their retirement.  He was joined by Justin Tomlinson, the MP for North Swindon and a member of the work and pensions select committee (here on the left of the picture). 
 
At the visit on 28 June, Guy met Zurich’s in-house pensions experts to discuss the issues and concerns people approaching retirement have and how Zurich is responding to those challenges for its customers.
 
The meeting covered a broad range of retirement-related topics including the pensions dashboard, retirement and social care, and how to help people avoid falling victim to pension scams.
 
Zurich also took the opportunity to highlight its recent report into Income Drawdown, a form of retirement planning that enables people to access some of their pension pot in retirement whilst leaving the remainder invested in the stock market.   
 
The Minister was also shown an online planning tool available on Zurich’s website that advisers use to help customers understand how much money they would need in retirement.
 
Mark Peters, savings expert at Zurich UK (pictured next to Justin Tomlinson, with Zurich's Chief Investment Officer, Aileen Mathieson) said, “We’re delighted to have the opportunity to meet with the Pensions Minister and talk through some of the challenges and opportunities brought about by the pensions freedoms since they were introduced three years ago.   Understanding what needs to be done to encourage consumers to seek financial advice or guidance is crucial to helping retirees secure a decent, lifelong income and we hope that our recommendations will help to inform government thinking around future pensions policy.”
 
For more information and top tips on retirement planning visit:
https://www.zurich.co.uk/pensions

-- ENDS --


For further information please contact: 
 
Chris Johnson, Media Relations Manager, Zurich UK
07812 265245 / chris.1.johnson@uk.zurich.com
 
Notes to Editors
 
*FCA Report: Retirement Outcomes Review