We should not have to abolish the Lords

Yesterday’s blog on Therese Coffey created some passionate responses. Here is my favorite actuary who clearly is no fan of the House of Lords

Here is Will Hutton, clearly keen to reinforce my view that Therese Coffey voice will be amplified by her being a member of the parliament and a deputy prime minister. He is not keen to hear it.

Here is a regular commentator on my blog

It was having just read these comments , an endorsement of my position that I came across this admonition from the Australian David Harris that I have due respect for the SOS – clearly he means Therese Coffey.

This is not just about Therese Coffey, it is about the use of the House of Lords as a place to reward former political stalwarts and manage current MPs with carrot dangling

As my actuarial friend puts it, the appointment of Therese Coffrey is the best argument for the abolition of the House of Lords. There are others in there who have been rewarded not on a meritocracy but a political basis.

My attack on Therese Coffrey is personal because the people behind the Truss disaster are being rewarded while the impact of their actions is being felt by ordinary people who have every right to be outraged not just at the 2022 budget but at the lack of accountability by the people who were responsible.

If we decide we are gong to put former cabinet ministers in glass cabinets with Baroness titles and the freedom of social media to display their ignorance, I am determined to call it out.

We are , as a nation, doing things to put right the wrongs that “Jnamdoc” details in his blog above.

I cannot , as a blogger, be bracketed with Will Hutton, whose achievements you can read here, but I think I have a voice that is heard and that we will do work in 2026 and beyond to put right the damage  the Conservative wrecking crew administered on Britain between 2010 and 2024.

There are many good people from the Lords who come to our events on Tuesday and read this blog. They will debate what we can do positively with our DB legacy to help pensioners and beyond, they will debate what we can do to create new pension using CDC and what we have saved through DC. We take these matters seriously and do not make politics out of our work administrating, pricing, valuing and investing funds for the future.

I hope that the people who support this blog and what we are doing through AgeWage and Pension PlayPen, will want to ensure we do not need to abolish the Lords. It should help to clean up our society , economy and government.