The appointment Torsten Bell to the role of pensions minister has the potential to deliver material improvements to the retirement prospects of millions of UK citizens. He could also support the financial wellbeing of people before they retire, by granting access to pension for a first home purchase deposit.
Having spent a decade at the Resolution Foundation, he has deep experience of the challenges facing low- and middle-income people. Fighting the corner of lower income groups is what Labour MPs are meant to do, and have done with differing degrees of success. But when it comes to pensions policy, Labour has on occasion ignored the unrepresented low earners, the strivers, those with multiple jobs.
Auto-enrolment was a Labour…
