Chief secretary to the Treasury Danny Alexander gave a speech on public service pensions to the Institute for Public Policy Research this afternoon. Here is what he said in full.
He said: Few subjects are as open to misunderstanding and misrepresentation as public service pensions. Pensions are vitally important to all of us, but they are also both complex and long-term....
The government is looking for a new administrator to service the Royal Mail Statutory Pension (RMSPS) Scheme, the UK's sixth largest public sector pension fund.
A government proposal to limit the right to transfer pension funds amid increasing scam activity has been welcomed by the industry.
Airways Pension Scheme (APS) trustees did not have the authority to make an amendment to the scheme rules, a lawyer for British Airways (BA) has told the High Court.
The government has launched a consultation on banning pensions cold calling and limiting the right to transfer after a rise in scams since the pension freedoms.