Guy Opperman

The Pensions Ombudsman (TPO) will become the hub for all pensions dispute resolutions as it plans to subsume The Pensions Advisory Service's (TPAS) team.

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.

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's white paper on defined benefit (DB) security and sustainability has been delayed until spring, it has confirmed.

Auto-enrolment (AE) has now brought nine million workers into occupational pensions since its introduction in 2012, latest government figures show.

The pensions and financial inclusion minister has rejected suggestions that the government is dominated by Brexit discussions and has no time to deal with pensions issues.

Defined contribution (DC) savers face lower costs and charges after providers made a concerted effort to reduce these to less than 1% over the past two years.

The Pensions Regulator (TPR) will authorise and supervise defined contribution (DC) master trusts under a planned regime which will "strike the right balance" between member security and scheme burdens.

The government has spent £13.25m on advertising for Pension Wise since 2014, with an additional £4.5m planned this tax year.