Labour MP Emma Reynolds has been appointed as the new Pensions Minister in a joint ministerial role working across both the Treasury and the Department for Work and Pensions (DWP).

Now the dust is beginning to settle on the election, Labour has to turn to the serious work of implementing its manifesto promises.

Leading industry pensions and advice sector experts have welcomed Labour’s victory as a chance to push forward some key financial reforms but some have raised questions about the clarity of Labour's pension and advice priorities.

UK market indices rose strongly this morning after news of the landslide Labour Party election victory - widely expected - was absorbed by analysts.