Guy Opperman: SFGB will transform pensions and protect savers

clock • 3 min read

The new Single Financial Guidance Body will help younger generations become the savvy savers of tomorrow, argues pensions minister Guy Opperman

Simplicity, transparency and technology are, for me, the key elements driving and underpinning government reforms across the pensions landscape. These reforms will bring the pensions industry into the 21st Century and deliver for savers. Through automatic enrolment we've boosted the pension prospects of almost 10 million people, we're supporting the introduction of new pension products to the market and we believe transfers should be quick and easy. We also want savers to be better informed than ever before about their pensions, which is why we've backed industry to deliver pensions dash...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Targeted support: Turning perception into reality

Targeted support: Turning perception into reality

'Great execution and industry innovation will be what makes it truly succeed'

Ben Hampton
clock 23 January 2025 • 3 min read
Lords committee FCA name and shame report expected 'shortly'

Lords committee FCA name and shame report expected 'shortly'

FCA CEO and chair grilled on naming and shaming furore and growth

Jen Frost
clock 22 January 2025 • 3 min read
FCA will have 'a lot more to say' on vulnerability in 2025

FCA will have 'a lot more to say' on vulnerability in 2025

Treatment of vulnerable clients continues to be on regulator’s radar

Isabel Baxter
clock 22 January 2025 • 2 min read