Former Pensions Minister Guy Opperman has join pension admin firm Aptia as a strategic adviser.

Mr Opperman, a well regarded Pensions Minister, was one of the longest serving Pensions and Inclusion Ministers.

Aptia provides pension administration, consultancy and actuarial services.

The company says that Mr Opperman, who served as MP for Hexham until 2024, will support Aptia’s growth plans in administration and consulting.

He will mainly support Aptia’s focus on its proposition and ambitions to be at the forefront of Collective Defined Contribution (CDC) pensions as they develop.

Mr Opperman served as Pensions and Financial Inclusion Minister for five years between 2017-2022. He was responsible for the expansion of auto enrolment and master trusts, and pioneering CDC pensions, as well as other reforms to the UK Pensions and Retirement systems, Aptia said. He also spearheaded the introduction of the Pensions Schemes Bill which led to the introduction of Pensions Dashboards.

Mr Opperman has also held roles in the Home Office, Treasury, and Transport departments. 

Malcolm Reynolds, Aptia’s UK President, said: “As the UK’s longest-serving pensions minister, Guy brings unparalleled expertise and credibility to the industry. His deep understanding of the challenges posed by an ageing population - and the solutions required to address this - enables him to inspire meaningful change.

“Guy will play an integral part in helping Aptia lead the transformation of pensions administration, driving innovation and ensuring our services evolve to meet the future needs of our clients.’

Mr Opperman said: “I am proud to be helping Aptia. I have done my own due diligence on the pension administration firms, and I have been impressed by the fact that Aptia has invested massively in new technology and an expanded team to drive better results and outcomes for trustees and members. They are also hiring very good people and clearly have a plan to transform their position in this market.

“Throughout my 14 years in public service, I’ve seen how vital it is to ensure people feel confident about all aspects of their retirement. Aptia’s dedication to shaping a pensions system that is fair, adaptable, and forward-thinking makes this an exciting opportunity to help them drive meaningful change for millions of savers.”

Aptia has a presence in the US, UK, India, and Portugal and supports over 6m people and more than 1,100 clients.