The Liberal Democrat manifesto will commit to making the state pension triple lock law, boosting the benefit by at least £790 a year by 2020, says pensions minister Steve Webb.
The triple lock was introduced by coalition government in 2010 and guarantees the state pension will increase by the higher of consumer prices index (CPI) inflation or average earnings, with a 2.5% floor....
A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.
The Department for Work and Pensions (DWP) has completed its appointment process for the Single Financial Guidance Body's (SFGB) board, naming three non-executive directors.
Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.
Some 70% of defined contribution (DC) members want to know their scheme is personalised and tailored to their needs, an Invesco language study reveals.