UK. Guy Opperman re-appointed as pensions minister
Number 10 and the Department for Work and Pensions have confirmed Guy Opperman has been re-appointed as pensions minister.
The MP for Hexham was re-elected with an increased majority of 25,152 in last week’s election.
He was first appointed parliamentary under-secretary of state at the DWP on 14 June 2017. He previously served as a government whip (lord commissioner of HM Treasury) from 17 July 2016 to June 2017.
In his role as pensions minister, Opperman has urged pension schemes to sign up to a framework to reduce transfer times between defined contribution plans.
Opperman has also said the government will consider legislation to make schemes simplify statements if they do not do it on their own.
Plans for shorter workplace pension statements to help people better plan for retirement have been unveiled by the government in a consultation that closes on 20 December.
Opperman has also been a firm backer of the pensions dashboard, whgch the Money and Pensions Service is taking the lead on.
The landslide majority of prime minister Boris Johnson is expected to put the pension schemes bill back on track.
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