Following the government’s latest cabinet reshuffle, Guy Opperman has been appointed as the new pensions minister or the parliamentary under secretary of state for pensions and financial inclusion to give him his full title. He replaces Richard Harrington who was previously in the role for less than a year.

Mr Opperman has been tasked with creating a new single financial guidance body that will see Pension Wise, the Money Advice Service and the Pensions Advisory Service combine. It is also expected that the new minister will also be accountable for overseeing the government’s response to the State Pension age independent review that was undertaken by John Cridland which outlined the possibility of raising the State Pension Age.