House of Lords

The government has abandoned the requirement for defined benefit (DB) members to take regulated advice before transferring a small pot into a defined contribution (DC) scheme.

Giving savers rights to probe pension funds on specific details of investments would be an "undue burden" on schemes, according to the National Association of Pension Funds (NAPF).

Unison is urging employers to offer greater childcare support to help encourage women back into the workforce and assist the economic recovery.