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

FCA operating costs of £761m spiked again last year

FCA operating costs of £761m spiked again last year

Tech investment contributes to £44.8m deficit while fee income increases

Jen Frost
clock 06 September 2024 • 2 min read
How to keep up: Practical steps to mitigate regulatory risk

How to keep up: Practical steps to mitigate regulatory risk

Concluding part of article series on regulatory pressures in investment

Gareth Johnson
clock 05 September 2024 • 4 min read
FCA calls on insurers to demonstrate fair value

FCA calls on insurers to demonstrate fair value

Firms and senior managers to be held accountable for failings

Jaskeet Briah
clock 22 August 2024 • 2 min read