Pensions minister Steve Webb has made a written statement to parliament clarifying the government's proposals to index private sector pension increases to CPI rather than RPI.
The coalition government will push ahead with NEST if the independent review panel decides the current structure is fit for purpose as well as tackle GMP equalisation and introduce a new Pensions Act, pension minister Steve Webb says.
The collective intake of breath has been almost audible as the pain of public sector belt tightening begins to seep through the economy. Some £6.25bn of initial cuts - £500m of which was reinvested - have been swiftly followed by £2bn in project cancellations....
A group of consumers has warned the department for work and pensions a "too broad" review of the 2012 reforms would compromise the "hard-won consensus" on auto-enrolment.
Legacy Labour proposals for auto-enrolment and NEST will be stripped bare to determine potential cost savings, Lord Freud says.
UK - The coalition government will take a "long hard look" at auto-enrolment and the delivery of NEST before deciding on its future, Steve Webb said.
The coalition government will take a "long hard look" at auto-enrolment and the delivery of NEST before deciding on its future, Steve Webb says.
George Osborne's announcement that the department for communities and local government will bear £780m in cuts will increase the scrutiny on the affordability of local government pensions, Mike Woodall warns.
David Laws was not the only new minister to read a letter from his Labour predecessor as he took office.
Chris Grayling is rumoured to be named as the new pensions minister under the Conservative/Liberal Democrat coalition government.