New pensions secretary must inject 'stability' at DWP

DWP urged to boost collaboration

Martin Richmond
clock • 2 min read

Newly appointed secretary of state for work and pensions Chloe Smith must ensure the Department for Work and Pensions (DWP) is stable to ensure the public has confidence in it, according to industry experts.

Smith, whose appointment was announced yesterday (6 September), replaces new health secretary and deputy prime minister Thérèse Coffey, who had been in the role for just under three years. Quilter head of retirement policy Jon Greer said that due to the long-term nature of pensions, Smith must be given time to implement the DWP's legislative agenda. "She will need time in the role to ensure that any changes in policy are carefully planned and crucially do not create unintended consequences down the road. "The government as a whole, but particularly the DWP, needs stability as other...

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 Pensions

Govt ignores pension tax lock call as petition responses top 18,500

Govt ignores pension tax lock call as petition responses top 18,500

AJ Bell started petition; Govt forced to respond after 10,000 signatures

Jenna Brown
clock 23 October 2025 • 2 min read
How SIPPs and SSASs could help power the UK's energy goals

How SIPPs and SSASs could help power the UK's energy goals

'The role of pensions in supporting renewable energy deserves further consideration'

Caitlin Southall
clock 23 October 2025 • 4 min read
IHT on pensions: A moment in time for the profession to shine

IHT on pensions: A moment in time for the profession to shine

'Bringing pensions into the IHT net marks a structural change in how wealth is transferred'

Andrew Zanelli
clock 21 October 2025 • 4 min read