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.
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.
The government will not proceed with plans to aggregate pensions from multiple employers in a single defined benefit (DB) scheme when it is absorbed into the Pension Protection Fund (PPF).
Collective defined contribution (CDC) schemes have taken another step towards reality as the government confirmed it will consult on the "interesting new possibilities" this autumn.
Work and pensions secretary Esther McVey has backed the pensions industry to deliver the pensions dashboard after months of uncertainty surrounding the project.
Jonathan Stapleton says the success of the government's check your state pension service shows just how popular a dashboard could be if it can be launched.
Ann Harris OBE and Mike Dailly have been appointed non-executive directors at the upcoming single financial guidance body (SFGB).
A set of recommendations to help the pensions industry deliver its objectives and better communicate with people over pensions issues has been published by the Institute and Faculty of Actuaries (IFoA).
A petition urging the government to not scrap its support for the pensions dashboard has garnered more than 14,000 signatures in two days.
Secretary of state for work and pensions Esther McVey may end the government's involvement in the pensions dashboard project, according to reports.
Gavin Perera-Betts says we cannot let the successes achieved through AE be undermined by savers experiencing poor outcomes in decumulation
Martin Hunter says while new TPR powers will increase the burden on all DB employers, it isn't all doom and gloom
The Department for Work and Pensions (DWP) has launched a consultation to clarify how the Pension Protection Fund (PPF) should treat transferred-in defined benefit (DB) entitlements when calculating compensation.
The pensions and financial inclusion minister tells James Phillips about his first year in office and his philosophy behind pension policy creation.
The government has confirmed the long-awaited ban on pensions cold-calling will now be delayed until Autumn.
Tim Sharp says the way we pursue retirement provision can amplify or dampen divisions experienced in working lives
As part of its consultation on enhanced powers for The Pensions Regulator, the Department for Work and Pensions proposed new requirements for all trustees of defined benefit (DB) schemes. This is what the new framework could look like...
A consultation has been launched on granting stronger powers to The Pensions Regulator (TPR) as the government seeks to address "misuse" of flexibilities in the defined benefit (DB) funding system.