William Hague unveiling his waxwork at Madame Tussauds in 1997. Photo: Dave Gaywood/AFP/Getty
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You find out who your friends are when you’re following William Hague and Ffion round the States

“Can you tell us who he is? So we know which one to photograph?”

There are many good reasons not to like someone. But sometimes it’s personal.

Once, you see, I was asked to follow William Hague around America. It was back in the mists of time when he was leader of the Tory party and he and his team were to go to the States to learn about this great newfangled idea, “compassionate conservatism”.

His press people cleared my presence on the trip.

I never understand why the Tories don’t just embrace “callous conservatism”. You cannot combine empathy with cold-bloodedness, any more than Hague could make himself lovable with a baseball cap and a blonde wife.

All were very keen that I get to see Ffion up close. Newspapers, even the high-minded ones, have an unhealthy interest in the wives of politicians, whereas I couldn’t care less if they’ve married a waste-paper basket.

So there I was in New York, embarrassed, really. No one in the States had a clue who Hague was. I stood outside a plush hotel as he went to breakfast with Henry Kissinger (Compassion Central) and all the American journalists were interviewing me.

“Can you tell us who he is? So we know which one to photograph?”

It was the same at a school in what used to be called Spanish Harlem. There I saw what compassionate conservatism meant: rows of kids doing science under banners “Sponsored by Estée Lauder”, or English literature “Helped by McDonald’s”. The Puerto Rican girls were excited by the arrival of English people.

“Do you know the Spice Girls?” they asked me.


Hague’s advisers attempted that dreadful fake interest in the schoolkids’ work.

The girls did their nails.

Two other journalists arrived. One had missed his flight and had an overstuffed suitcase: Boris Johnson. The other was Michael Gove, who was nothing but charming and helpful to me.

We had to go to Austin, to meet the then governor of Texas, George Dubbya Bush. All these guys were travelling together on some Tory transport. They could have easily let me on, but no, they would not.

One callow boy of 27 would not look at me, or let me near Hague. His disdain was apparent. He and the Tory journalists all got on the prearranged plane but he wouldn’t let me board. As a result, I had to trail around on my own, booking tickets and arriving at places alone in the middle of the night.

The young man who would not speak to me wrote speeches for Hague. They say you’re either on the bus or off the bus: he certainly did not want the likes of me near any bus he was on. I was not one of them. He didn’t even bother with the rudimentary courtesies of the well-born. For the few days he had any kind of power over me, he chose to make my life way more difficult than it needed to be. Making people’s lives more difficult turned out to be his life’s work. His name was Gideon Osborne. 

Suzanne Moore is a writer for the Guardian and the New Statesman. She writes the weekly “Telling Tales” column in the NS.

This article first appeared in the 06 March 2015 issue of the New Statesman, How Islamic is Islamic State?

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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: www.oldmutualwealth.co.uk/ products-and-investments/ pensions/pensions2015/