Poll: 34% want the new pensions minister to focus on simplifying pensions taxation

Pension saving

Employee Benefits poll: More than one-third (34%) of employer respondents want the new pensions and financial inclusion minister to prioritise the simplification of pensions taxation.

A poll of www.employeebenefits.co.uk readers, which received 50 responses, found that 18% of respondents would like the new minister, Guy Opperman, to focus on broader financial education.

Less than one-fifth (18%) of respondents would prefer the government to give existing pensions legislation time to bed in, while 12% would like to see the new minister increase pension contribution rates. A further 12% would like the minister to focus on enhancing access to financial advice, and less than one in 10 (6%) respondents want Opperman to prioritise pensions inclusion for self-employed individuals.

The government appointed Opperman parliamentary under-secretary of state for pensions and financial inclusion following the June 2017 general election. The role has been expanded to cover financial inclusion and guidance as well as pensions.

Opperman replaces Richard Harrington, who is now parliamentary under-secretary of state at the Department for Business, Energy and Industrial Strategy.

Prior to joining the Department for Work and Pensions (DWP), Opperman was government whip and Lord Commissioner of HM Treasury.