DWP

EEF head of employment policy David Yeandle talks to Jenna Towler about the rocky road of political consensus and how important it is for pension reforms to stay the course

Workplace pension reforms will cause substantial costs and administration increases for small and medium enterprises, the Association of Chartered Certified Accountants warns.

Employers and workers are being asked to submit their views on the default retirement age to feed into the official government review taking place next year.

Minor amendments to personal accounts scheme order and rules will be made as a result an industry consultation but no major changes will take place, PADA says.

Political consensus around personal accounts is losing cohesion, pensions minister Angela Eagle admits.

The management team at The Pensions Advisory Service is to be cut back after a Deloitte review identified corporate governance issues at the body.

UK - The government has launched a consultation on plans to relax rules which force firms winding up a pension scheme as part of a corporate restructure or demerger to fully cover liabilities.

The government has launched a consultation on plans to relax employer debt rules.

Potential loss of means-tested benefits for 5% of personal accounts savers is "unacceptable" but must not overshadow the positive aspects of auto-enrolment, B&CE Benefit Schemes says.

Confederation of British Industry head of pensions Neil Carberry gives the employers' perspective on deregulation and reform following PP's exclusive interview with pensions minister Angela Eagle