Newly-merged Financial Planner and wealth manager Tilney Smith & Williamson has appointed the former chief digital and information officer at the Department of Work & Pensions (DWP), Mayank Prakash, as chief technology officer.

Private sector employee pension contributions doubled in the past decade from £8.3bn in 2009 to £16.6bn in 2019.

Almost 9 in 10 of eligible employees (88%, 19.2m people) are saving for retirement through their workplace pension.

Guy Opperman MP has retained his role as Pensions Minister in the new government under Prime Minister Boris Johnson, the DWP has confirmed.