secretary of state
Five stories you may have missed this week
This week's top stories include Amber Rudd remaining as work and pensions secretary, and the regulator carrying out seven criminal investigations into potential scams.
Bosses who play 'fast and loose' with pensions face seven years in prison
Company directors who deliberately or recklessly put their workers' pension funds at risk face seven years in prison under plans to crack down on "acts of astonishing arrogance and abandon".
Amber Rudd 'must fix broken' DB transfer market
Stephen Lloyd MP has called on the secretary of state for work and pensions to investigate the pensions transfer market and ban contingent charging.
Updated: Amber Rudd named work and pensions secretary
Former home secretary Amber Rudd is to return to the cabinet as work and pensions secretary after the resignation of Esther McVey.
TPR and PLSA reveal AE contribution hike has had minimal impact on opt-outs
The increase in minimum auto-enrolment (AE) contributions has had little impact on opt-out rates - with cessations after April increasing by less than two percentage points, data from The Pensions Regulator (TPR) shows.
Esther McVey: Dashboard will 'build on' DWP's state pension tool
Esther McVey has reiterated the government's support for an industry-led pensions dashboard as she praised the success of auto-enrolment (AE).
AMNT: An open letter to Esther McVey
David Weeks calls on the secretary of state for work and pensions to meet with the AMNT to explore the long-term direction for pensions
TPR's new white paper powers could apply to Carillion retrospectively, says McVey
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
May commissions taskforce to 'unlock capital to boost impact investment'
An industry taskforce aimed at boosting innovation in the finance industry to enhance the profitability of social impact investment has been commissioned by the prime minister.
![The [pension] politician's fallacy](/api/v1/wps/1454a99/9637cbae-71d6-47c3-9d00-4e6bc0fe423c/3/Stapleton-Jonathan-web-230x142.jpg)
The [pension] politician's fallacy
"We must do something, this is something, therefore we must do this," is the politician's fallacy famously expounded by Sir Humphrey Appleby in the BBC sitcom Yes, Prime Minister.
David Gauke leaves DWP for Ministry of Justice
David Gauke has been moved from the DWP to the Ministry of Justice as part of Theresa May's 2018 reshuffle.
Nearly four in five workers want AE contributions to rise
Over 80% of workers who qualify for automatic enrolment (AE) believe a workplace pension is good for them, a Department for Work and Pensions (DWP) survey has revealed.
Landmark LGPS case raises questions over central government powers
The government suffered a major High Court defeat after guidance forcing the LGPS to invest in line with UK foreign policy was deemed unlawful. Stephanie Baxter finds it could have far-reaching consequences.
Industry welcomes new minister but says a number of policy issues must be sorted out
Guy Opperman's appointment as minister for pensions and financial inclusion has been received positively, but experts say he must tackle a number of outstanding policy issues.
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