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With Brexit starting to permeate every nook and cranny of Westminster, it is questionable whether big pensions policy changes are to be expected, although industry experts are divided on this.

While some say the enormous task of exiting the EU will take precedence for the government, others note that a larger Conservative majority could embolden it and lead to more radical policy decisions (read more here).

The triple lock could be undone under a stronger Tory government, it is speculated, but it is still hard to imagine politicians acting against the interest of their core voters – even at the cost that keeping it represents.

Less contentious pension items, such as the pending pension schemes bill, are expected to be dealt with swiftly by cross-party agreement so it can receive royal assent before the end of this parliament.

This would reassure the industry and employers that laws on mastertrusts are in place as they absorb more and more single-trust schemes, such as the FKI scheme. Our feature explores the evolution of the sector.

But while the pensions policy effects of an election are unclear, trustees should not be overly concerned when it comes to investments, says Hargreaves Lansdown’s Laith Khalaf.

Predicting outcomes is hard enough; saying what effect any outcome will have on markets is even harder. “Stick with what you’re doing, don’t get distracted by political matters like this,” Khalaf therefore advises investors.

There could be some volatility, but little or no long-term effect; over the past 10 years, UK elections did not feature among the events driving the market.

Elections “create short-term wobbles but don’t really have a particularly lasting effect in and of themselves on the long-term returns from the market unless you get a very radical change of government coming in”. And this, the pollsters tell us, is unlikely.

Sandra Wolf is editor at Pensions Expert. You can follow her on Twitter @SandraCWK and the team @pensions_expert.