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Guy Opperman MP, who was appointed Parliamentary Under Secretary for Pensions and Financial Inclusion six months ago, has survived the latest parliamentary reshuffle.

The Department for Work and Pensions has re-appointed Mark Boyle for a second three year term as non-executive chair of The Pensions Regulator.

SIPP compensation claims above predictions have forced the Financial Services Compensation Scheme (FSCS) to ask financial advisers and providers to chip in an extra levy of £23.9m.

Steve Groves, the former CEO of Partnership, has been hired as chairman of the Key Retirement Group, an equity release and later life provider.

The FCA has appoointed Charles Randell, a former partner at law firm Slaughter & May, as its new chairman. He will take over from 1 April.

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