The DWP will look into improving annuity rates for people with pension pots of under £5,000, pensions minister Steve Webb says.
The government has hit problems with the reform of the state pension due to contracting-out complications and will now delay releasing its planned consultation, Ros Altmann says.
An industry-wide consultation on the RPI to CPI switch will be issued tomorrow, Steve Webb says.
Schemes with less than 1,000 members tend to face higher running costs per member, Department for Work and Pensions research shows.
The exclusion of micro-employers from auto-enrolment was ruled out due to the number of employees that would be excluded and because of "substantial" practical issues.
Lord Hutton will pitch collective defined contribution schemes to the department for work and pensions but would not be drawn on whether the model could translate to the private market.
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The Department for Work and Pensions has appointed Robert Devereux as permanent secretary.
Have you missed the biggest stories in pensions this week? Find out below, as we list the top ten most popular stories on www.professionalpensions.com over the past seven days (17 September - 23 September).
Industry pressure is growing on Lord John Hutton to include a career average structure as part of a new public sector ‘hybrid' scheme.