The Department for Work and Pensions (DWP) is responsible for welfare, pensions and child maintenance policy. As the UK's biggest public service department it administers the State Pension and a range of working age, disability and ill health benefits to around 20 million claimants and customers.
The DWP is a ministerial department which issupported by 14 agencies and public bodies including The Pensions Regulator, The Pensions Ombudsman, The Pension Protection Fund and the National Employment Savings Trust Corporation.
Three-quarters of employers would support pensions tax relief changes if they provide more help to lower-paid earners, according to the Association of Consulting Actuaries (ACA).
This week's top stories included The Pensions Regulator announcing its next chief executive, as well as the details of a joint fraud operation with the police.
Opt-out rates at the end of June 2018 "remained consistent" with levels before the April contribution rate increase, according the Department for Work and Pensions (DWP).
The Pensions Regulator (TPR) has appointed Charles Counsell as its new chief executive, who will take over from Lesley Titcomb next year.
Anthony Arter will continue as head of The Pensions Ombudsman (TPO) until 31 July 2021, the Department for Work and Pensions (DWP) has announced.
This week's top stories included the Department for Work and Pensions issuing two separate consultations on the pensions dashboard and defined benefit consolidation.
Defined benefit (DB) superfunds that wish to enter the market must talk to The Pensions Regulator (TPR) about their plans before opening for business.
A regime similar to that for defined contribution (DC) master trusts will be set up for regulating defined benefit (DB) consolidators under plans announced today.
Low earners in net-pay schemes will lose out on more pensions tax relief as the gap between auto-enrolment (AE) qualifying earnings and the personal tax allowance widens.
The Department for Work and Pensions (DWP) has published the pensions dashboard feasibility study, nine months after it was originally due.
Former home secretary Amber Rudd is to return to the cabinet as work and pensions secretary after the resignation of Esther McVey.
Secretary of state for work and pensions Esther McVey has resigned from the government.
The government has outlined how scheme investment regulations would be changed in the event of a no-deal Brexit. James Phillips explores the impact.
This week's top stories included the Department for Work and Pensions launching a consultation on collective defined contribution pension schemes.
Nigel Peaple says the government should set a clear objective for tax relief as the first step in making the system work better for savers
The Department for Work and Pensions launched its consultation on collective defined contribution today. Here are the key questions it is asking…
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.
The government is seeking ways to ensure "parity" of compensation treatment between Financial Assistance Scheme (FAS) members from solvent and insolvent schemes.
The government is aiming to legislate for the pensions dashboard, defined benefit (DB) reform, and collective defined contribution (CDC) schemes next year, Guy Opperman has said.
Esther McVey has reiterated the government's support for an industry-led pensions dashboard as she praised the success of auto-enrolment (AE).
With DB consolidation vehicles set to take the limelight, James Phillips speaks to Clara co-founders Adam Saron and Kim Toker about the fund's model, ambition and wider views
Pensions minister Guy Opperman says the new master trust regulations are vital to protect the pensions saving revolution of auto-enrolment.
Pension scheme trustees will be handed a fresh obligation to disclose to members how they take into account environmental, social and governance (ESG) issues when investing.