Are the Non-Murdoch media now threatening a select committee member?

Some concerning tweets about Louise Mensch MP.

I know Louise Mensch MP slightly. I was at university at the same time and we have some mutual friends. At Freshers' Fayre she tried to sign me up for the "Rock Society" (I manfully resisted, being a Stranglers and Damned fan).

I am certainly not a political supporter of hers, but she is not someone to be under-estimated and she is rightly regarded as being among the more able of the new intake of MPs. And so, against this background, I was rather concerned to see certain tweets last night.

Martin Bright, formerly of this magazine, asked publicly:

Are the media trying to intimidate @LouiseMensch?

Now, why would they do that? Well, as is well known, Mensch asked Rupert Murdoch directly if he had considered resigning at this week's select committee hearing. But I suspect that Martin did not mean anyone at News International.

There has rightly been attention paid to Mensch's incorrect claim that Piers Morgan had openly boasted in some book about phone hacking. I understand she will now retract that statement when Parliament reconvenes. All the same, the fact does remain that Piers Morgan was editor of the Daily Mirror during part of the time covered by the ICO report, "What Price Privacy".

Her substantive point is that hacking and blagging was prevalent throughout the British tabloid press. It is widely believed that the tabloid press is apprehensive that the phone hacking and blagging scandal would spread beyond News International.

Two days after the Select Committee, it was reported that the police had asked for the evidence in the so-called "Motorman" files. If this is correct, then this means newspaper groups other than News International are now in the frame for certain offences.

Mensch tells me that this week she suddenly started to receive a lot of attention from the non-Murdoch tabloid groups. I am told that her office even received a strange call from a newspaper, immediately after the Select Committee hearings ended: the ominous question posed was "Can you confirm you are pregnant?". There have been a range of other press contacts.

Guido Fawkes has now tweeted there are orders to "get Mensch" from the "very top" and there would be a damaging story about her private life this coming Sunday. I do not know if that is correct; but it certainly is not a pleasant prospect for anyone.

In fact this all becoming very odd, and it is also worrying. To her credit, Mensch has decided not to be intimidated by this sudden tabloid interest in her private life, and has chosen to reveal the apparent intimidation to the New Statesman. If this is an intended intimidation exercise, then it would raise the troubling concern that may be some attempt to pressure or discredit a member of a parliamentary select committee.

It will be interesting to see what Sunday brings, and - indeed - what Mensch and the select committee have to do in response.


David Allen Green is legal correspondent for the New Statesman.

David Allen Green is legal correspondent of the New Statesman and author of the Jack of Kent blog.

His legal journalism has included popularising the Simon Singh libel case and discrediting the Julian Assange myths about his extradition case.  His uncovering of the Nightjack email hack by the Times was described as "masterly analysis" by Lord Justice Leveson.

David is also a solicitor and was successful in the "Twitterjoketrial" appeal at the High Court.

(Nothing on this blog constitutes legal advice.)

Show Hide image

Stability is essential to solve the pension problem

The new chancellor must ensure we have a period of stability for pension policymaking in order for everyone to acclimatise to a new era of personal responsibility in retirement, says 

There was a time when retirement seemed to take care of itself. It was normal to work, retire and then receive the state pension plus a company final salary pension, often a fairly generous figure, which also paid out to a spouse or partner on death.

That normality simply doesn’t exist for most people in 2016. There is much less certainty on what retirement looks like. The genesis of these experiences also starts much earlier. As final salary schemes fall out of favour, the UK is reaching a tipping point where savings in ‘defined contribution’ pension schemes become the most prevalent form of traditional retirement saving.

Saving for a ‘pension’ can mean a multitude of different things and the way your savings are organised can make a big difference to whether or not you are able to do what you planned in your later life – and also how your money is treated once you die.

George Osborne established a place for himself in the canon of personal savings policy through the introduction of ‘freedom and choice’ in pensions in 2015. This changed the rules dramatically, and gave pension income a level of public interest it had never seen before. Effectively the policymakers changed the rules, left the ring and took the ropes with them as we entered a new era of personal responsibility in retirement.

But what difference has that made? Have people changed their plans as a result, and what does 'normal' for retirement income look like now?

Old Mutual Wealth has just released. with YouGov, its third detailed survey of how people in the UK are planning their income needs in retirement. What is becoming clear is that 'normal' looks nothing like it did before. People have adjusted and are operating according to a new normal.

In the new normal, people are reliant on multiple sources of income in retirement, including actively using their home, as more people anticipate downsizing to provide some income. 24 per cent of future retirees have said they would consider releasing value from their home in one way or another.

In the new normal, working beyond your state pension age is no longer seen as drudgery. With increasing longevity, the appeal of keeping busy with work has grown. Almost one-third of future retirees are expecting work to provide some of their income in retirement, with just under half suggesting one of the reasons for doing so would be to maintain social interaction.

The new normal means less binary decision-making. Each choice an individual makes along the way becomes critical, and the answers themselves are less obvious. How do you best invest your savings? Where is the best place for a rainy day fund? How do you want to take income in the future and what happens to your assets when you die?

 An abundance of choices to provide answers to the above questions is good, but too much choice can paralyse decision-making. The new normal requires a plan earlier in life.

All the while, policymakers have continued to give people plenty of things to think about. In the past 12 months alone, the previous chancellor deliberated over whether – and how – to cut pension tax relief for higher earners. The ‘pensions-ISA’ system was mooted as the culmination of a project to hand savers complete control over their retirement savings, while also providing a welcome boost to Treasury coffers in the short term.

During her time as pensions minister, Baroness Altmann voiced her support for the current system of taxing pension income, rather than contributions, indicating a split between the DWP and HM Treasury on the matter. Baroness Altmann’s replacement at the DWP is Richard Harrington. It remains to be seen how much influence he will have and on what side of the camp he sits regarding taxing pensions.

Meanwhile, Philip Hammond has entered the Treasury while our new Prime Minister calls for greater unity. Following a tumultuous time for pensions, a change in tone towards greater unity and cross-department collaboration would be very welcome.

In order for everyone to acclimatise properly to the new normal, the new chancellor should commit to a return to a longer-term, strategic approach to pensions policymaking, enabling all parties, from regulators and providers to customers, to make decisions with confidence that the landscape will not continue to shift as fundamentally as it has in recent times.

Steven Levin is CEO of investment platforms at Old Mutual Wealth.

To view all of Old Mutual Wealth’s retirement reports, visit: products-and-investments/ pensions/pensions2015/