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Theresa May names new U.K. pensions minister

Guy Opperman was appointed by U.K. Prime Minister Theresa May as parliamentary undersecretary of state for pensions and financial inclusion at the U.K. Department for Work and Pensions.

The position is new. Mr. Opperman, a member of Paliament, replaced MP Richard Harrington, who was named parliamentary undersecretary of state of the Department for Business, Energy and Industrial Strategy earlier on Wednesday. The changes are a result of the U.K. general election June 8.

Mr. Opperman is responsible for state pension age review, financial inclusion and guidance, private and occupational pensions, automatic enrolment and the £1.7 billion ($2.2 billion) National Employment Savings Trust, London, as well as the oversight of The Pensions Regulator and £ 23.4 billion Pension Protection Fund, London, a lifeboat fund.

Mr. Opperman served as government whip until Wednesday.