On the go: Laura Trott has been selected as the new pensions minister, succeeding Alex Burghart.
The Department for Work and Pensions announced on November 7 that Trott would assume responsibility for "pensioner benefits including the State Pension, private and occupational pensions, and oversight of arms-length bodies such as the Pensions Regulator”.
She will be known as the ‘minister for pensions’ — unlike her predecessor, Burghart, who was the minister ‘for pensions and growth’ during Liz Truss’s short stint as prime minister.
Former pensions minister Guy Opperman — who preceded Burghart — has been made minister of state for employment. He holds the record for the longest term as pensions minister.
Trott was elected as the MP for Sevenoaks in the 2019 general election. She was appointed to the DWP on October 27 2022 as a parliamentary under-secretary.
She joined the health and social care committee in March 2020.
“The new minister will have a lot to get to grips with," said LCP senior partner Bob Scott.
"There are urgent priorities such as ensuring that new scheme funding regulations are fit for purpose in a post pandemic world and against a gloomy economic backdrop. Auto-enrolment reform to make sure that people are saving enough has also long been awaited, and the recent 10 year anniversary makes it a good time to review what the next steps should be."
