Press release

Steve Webb responds to the resignation of Pensions Minister Guy Opperman

Pensions & benefits Policy & regulation Personal finance

Responding to Pension Minister Guy Opperman's resignation, Steve Webb former Pensions Minister and Partner at LCP commented: "The pensions system has benefited from five years of continuity after the 'revolving door' of pensions ministers which we have seen too often in the past. It is hoped that the next Minister is also given time to get things done.

Guy Opperman deserves credit for taking things forward in key areas including a greater focus on tackling climate change and promoting new forms of collective pensions. But there is a huge agenda of unfinished business. We have made no progress on automatic enrolment in the last five years, policy on superfunds remains in limbo, and too many errors in state pension payments are still unresolved. The next Minister will certainly have a full in-tray and will need a strategy to deal with the Treasury obstruction which has held up progress in pensions policy for so long".

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