Guy Opperman reappointed as pensions minister

Longest serving minister back in office

Jonathan Stapleton
clock • 1 min read
Guy Opperman is back as minister for pensions and financial inclusion
Image:

Guy Opperman is back as minister for pensions and financial inclusion

Guy Opperman has been reappointed as pensions minister a day after he quit in protest over prime minister Boris Johnson’s leadership.

In a statement on Twitter, Opperman said he had "agreed to help the Department for Work and Pensions navigate the next few weeks, while we decide the appointment of a new Prime Minister".

The minister for pensions and financial inclusion - who stepped down after 1,850 days in office - began his role as pensions minister on 14 June 2017 and took over from Sir Steve Webb as the longest serving pensions minister on 11 June this year.

During his term as minister so far, Opperman has overseen significant progress on pensions dashboards, put in place the legal framework for collective defined contribution schemes, and has also been known for his work on climate change, with the UK becoming the first major economy to mandate Taskforce on Climate-related Financial Disclosure rules reporting for its pensions sector during his tenure.

More on Pensions

FCA outlines thinking on using pension pots for house deposits

FCA outlines thinking on using pension pots for house deposits

FCA CEO Nikhil Rathi ponders radical thinking on pension savings

Jonathan Stapleton
clock 02 April 2025 • 3 min read
IFS: Growing DC market needs reform to help savers manage risks

IFS: Growing DC market needs reform to help savers manage risks

Savers facing ‘stark’ challenges managing DC pots in retirement

Martin Richmond
clock 02 April 2025 • 6 min read
AJ Bell sells Platinum SIPP and SSAS business in £25m deal

AJ Bell sells Platinum SIPP and SSAS business in £25m deal

InvestAcc Group takes over £3.2bn book of business

Jenna Brown
clock 27 March 2025 • 1 min read

In-depth

MPS movers: Why Quilter, Tatton, Waverton came out on top

MPS movers: Why Quilter, Tatton, Waverton came out on top

Less launches expected as industry has ‘seen the peak’

Isabel Baxter
clock 05 March 2025 • 5 min read
Driving change in advice: The importance of visible female leadership

Driving change in advice: The importance of visible female leadership

Leveraging International Women’s Day to boost awareness of financial planning careers

Sahar Nazir
clock 06 March 2025 • 6 min read
How FCA could tackle review of 'opaque' MPS market

How FCA could tackle review of 'opaque' MPS market

Target market an expected focus as propositions have ‘questions to answer’

Isabel Baxter
clock 03 March 2025 • 4 min read