The Single Financial Guidance Body (SFGB) will be rebranded as the 'Money and Pensions Service', the government has announced.
Workers will still get an increase in take-home pay this April despite the rise in auto-enrolment (AE) contributions, according to Royal London analysis.
The Department for Work and Pensions (DWP) has launched a website dedicated to signposting people to where they can receive guidance typically associated with a so-called 'mid-life MOT'.
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.
The government will proceed with legislation to implement collective defined contribution (CDC) schemes and aims to formally respond to the consultation in a matter of weeks, Guy Opperman has confirmed.
Latest figures from the Department for Work and Pensions - published today - shows the number of people saving into an occupational pension scheme since auto-enrolment (AE) began in 2012 has increased by 10,003,000.
As the number of workers in AE reaches 10 million, the pensions minister says it's time to take stock of this successful policy
Auto-enrolment (AE) has now brought 10 million workers into occupational pensions since its introduction in 2012, latest government figures reveal.
Products which allow the public to save into both a pension and a liquid pot are an opportunity that all employers should be embracing, Guy Opperman has said.
The Department for Work and Pensions (DWP) has published a consultation, putting forward a range of proposals that aim to expand defined contribution (DC) investment opportunities.