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Daily Record
Daily Record
Lifestyle
Linda Howard

Experts warn crucial pension reforms including next steps for auto-enrolment could be thrown into doubt

Industry experts have warned vital pensions reforms could be thrown into doubt following the resignation of Guy Opperman as pensions minister on Thursday. Mr Opperman said he resigned with great regret, telling Prime Minister Boris Johnson "recent events have shown clearly that the Government simply cannot function with you in charge".

Mr Johnson later quit as Conservative leader after ministers and MPs made it clear his position is untenable, but he will remain as Prime Minister until a successor is in place.

Kate Smith, head of pensions at Aegon, said Mr Opperman's resignation "leaves pensions in turmoil" and added that he was “personally leading a number of initiatives to improve pensions engagement, including the pension dashboard and the pension engagement season."

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