Emma Reynolds, a Labour MP, has been appointed as the new Pensions Minister, holding a dual role in both the Treasury and the Department for Work and Pensions. This move has been praised by industry experts for potentially fostering a more cohesive approach to pension policy. Reynolds' experience in various ministerial roles and her background at TheCityUK are seen as assets for navigating the complexities of the position. Her appointment signals Labour's commitment to pension reform, including reviews on pension tax relief and addressing customer service issues. This joint ministerial role aims to align pensions policy across departments and tackle industry challenges like the pension dashboard and auto-enrolment expansion.