DWP

The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.

Some 79% of people would like to see stricter rules and checks to ensure pension pots are secure, according to a survey by the Pensions and Lifetime Savings Association (PLSA).

Swift action to ban cold-calling has been promised by the government in a bid to stem the flow of pension savers being lured into scams.

Auto-enrolment (AE) has now brought on board its one millionth employer as the flagship programme reaches the end of its phased staging, the government has announced.

Research by Hymans Robertson predicts existing options could shrink the DB universe by four-fifths in 25 years' time. Stephanie Baxter explores its predictions

The government and the industry "need to work in partnership" to enable savers to take control of their future, pensions and financial inclusion minister Guy Opperman has said.

Guy Opperman says we need to get people to fall in love with pensions again and give them the tools to achieve a more secure retirement

The government has indicated it may change the order in which debts are recovered during an insolvency, putting pension schemes higher up the hierarchy.

Carillion's 13 UK defined benefit (DB) pension schemes had a combined £2.6bn buyout deficit upon its collapse on 15 January, according to an analysis for Sky News.

The Fraud Compensation Fund (FCF) levy will unfairly hit auto-enrolment (AE) savers under government proposals, The People's Pension has warned.