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's Hulme pledges tougher scrutiny and clearer guidance

FCA's Hulme pledges tougher scrutiny and clearer guidance

‘We will go harder and faster’ to drive ‘good growth’

Sahar Nazir
clock 07 May 2025 • 3 min read
FSCS declares IFA Ltd and AXG Advice in default

FSCS declares IFA Ltd and AXG Advice in default

Leeds and London advice firms face claims

Isabel Baxter
clock 06 May 2025 • 2 min read
FOS complaints rise 49% as investment disputes surge

FOS complaints rise 49% as investment disputes surge

Over 140,000 cases were lodged in H2 2024

Sahar Nazir
clock 06 May 2025 • 2 min read