Guy Opperman
Pensions minister sets out timetable for Pension Schemes Act regulations
Pensions minister Guy Opperman has set out a timetable for secondary legislation to bring Pension Schemes Act provisions into force.
Guy Opperman: Landmark legislation moves pensions into the digital age
The Pension Schemes Act 2021 will revolutionise savings and help build back better and greener, says Guy Opperman.
Opperman: Secondary legislation now priority following Royal Assent for Pension Schemes Act
Minister for Pensions and financial inclusion minister Guy Opperman has pledged to make secondary legislation for the Pension Schemes Act his “number one” priority over the coming months.
TPR warns DC market must pay more attention to climate change
The defined contribution (DC) market must pay more attention to climate change, according to The Pensions Regulator (TPR).
AMX and DWS team up for stewardship-focused pooled funds service
The Asset Management Exchange (AMX) and DWS have launched an investment solution which allows schemes in pooled funds to express their stewardship preferences.
Advice is better than guidance, says Guy Opperman
Work and Pensions Committee
Pension Schemes Bill gets final approval and waits for Royal Assent
The long-debated Pension Schemes Bill has received parliamentary approval, guaranteeing its place on the statute book.
DWP sets de-minimis for flat-fee AE charges and launches work to standardise cost reporting
The Department for Work and Pensions (DWP) will ban the charging of flat fees on AE auto-enrolment (AE) pots below £100 and launch work on how to standardise cost and charges reporting.
Opperman: New TPR powers will not be backdated
New Pension Schemes Bill powers given to The Pensions Regulator (TPR) to issue contribution notices will not be backdated, pensions and financial inclusion minister Guy Opperman has confirmed in a written parliamentary statement.
DWP taskforce sets out actions to enable large-scale consolidation of deferred small pots
The small pots working group has made a number of recommendations on how to tackle the growth of deferred members with small pension pots within the AE pensions market – urging the government and industry to take action to enable large-scale mass transfers....
Pensions dashboard data standards published; Opperman urges providers to prepare data
The Pensions Dashboard Programme (PDP) has published key data standards which will underpin the initial technology used to allow savers to view their pensions.
Guy Opperman: Dashboards and consolidation go hand-in-hand
In the last of a five-part series of articles for PP, pensions minister Guy Opperman explains how pension dashboards will help consolidate pensions.
Guy Opperman: Funding measures protect the pension scheme member
In the fourth of a five-part series of articles for PP, pensions minister Guy Opperman sets out how revised funding arrangements for defined benefit schemes will better protect members.
Around 240,000 pension savers may have lost more than £14bn to fraud
More than 240,600 savers have lost an estimated £14.6bn of pension savings to fraudsters, but a further £2.5trn remains potentially accessible to criminals, The People’s Pension (TPP) says.
Phoenix Group sets 2025 net-zero commitment
Phoenix Group has committed to its operations being net-zero by 2025, and its investment portfolio being net-zero by 2050.
Guy Opperman: Scam crackdown to protect savers
In the third of a five-part series of articles for PP, pensions minister Guy Opperman sets out how impending legislation will help crackdown on 'crooks' scamming people out of their pensions.
AMNT launches DWP-supported voting infrastructure working group
The Association of Member Nominated Trustees (AMNT) has officially launched a working group focused on dismantling the “overly complex and archaic” barriers to trustee voting.
Guy Opperman: Climate change clauses a game changer for pension investment
In the second of a five-part series of articles for PP, pensions minister Guy Opperman talks about putting trustees’ duty to manage climate risk on a statutory footing
Guy Opperman: Bill is a pathway for safer, better and greener pensions
In the first of a five-part series of articles for PP, pensions minister Guy Opperman sets out how impending legislation will improve pensions for members.
Caroline Rookes confirmed as permanent TPO chairwoman
The government has confirmed the current interim chairwoman of The Pensions Ombudsman (TPO), Caroline Rookes, will continue the role in a permanent capacity.
Pensions bill must make net zero a 'mandatory requirement' for schemes, MMMM says
Ethical pensions campaign Make My Money Matter (MMMM) has called on the government to use the Pension Schemes Bill to require all UK pension funds to commit to net-zero emission investment strategies.
Why simpler annual statements could mark the start of better member engagement
Jonathan Stapleton says that, while the production of two-page simpler annual statements is no panacea for member engagement, it is a welcome step in the right direction.
Workplace schemes mandated to 'nudge' members into pensions guidance
Occupational pensions schemes will be required to direct savers to take guidance on pension withdrawals under new provisions to boost engagement.
Timeline for pensions dashboards announced - Data standards due in December but consumer offering not available until at least 2023
The Pensions Dashboards Programme (PDP) has published its second progress update report – setting out a timeline for the development of the project.