Pensions - Articles - Comments on the appointment of new Minister for Pensions

The Pensions Management Institute and Dalriada Trustees comment on the appointment of Paul Maynard as the new Minister for Pensions.

 Commenting on the appointment, PMI President Robert Wakefield said: “We congratulate Mr Maynard on his new role and wish him every success. We also wish to congratulate Laura Trott on her appointment to her new role.

 Mr Maynard comes to the role at a crucial time. The absence of a Pensions Bill in the King’s Speech has left a range of issues unresolved, and we would welcome an opportunity for an early meeting with Mr Maynard to discuss the direction of pensions policy over the rest of this Parliament. We are sure Mr Maynard will rise to the exciting challenge of his new position and confirm that we would be delighted to offer our support to him.”

 John Wilson, Head of Technical, Research and Policy at Dalriada Trustees comments: “We wish Laura Trott all the very best in her new role at the Treasury and hope that Paul Maynard is ready to hit the ground running as the new Pensions Minister. He will find his inbox very full – General Code; Funding Regulations; Dashboards; and, of course, the Mansion House reforms, where he may find that he will be working closely with his predecessor. We hope that the reshuffle will not mean further delays for these important initiatives, many of which fundamental to effective governance of workplace pensions and more engagement and ultimately better outcomes for members”.

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