The Pensions Bill has received Royal Assent in Parliament, bringing reforms to state pension and the abolition of defined benefit (DB) contracting out closer.
The government can offer a more generous single-tier state pension and still create a cheaper system than is currently on offer, according to the Pensions Policy Institute (PPI).
PwC has urged the government to scrap the state pension age (SPA) after research found four out of ten people want more flexibility around when they can access their retirement benefits.
Pensions minister Steve Webb has led a House of Commons defeat of a "deeply flawed" opposition amendment on charges in the Pensions Bill.
The Department for Work and Pensions (DWP) is to consult on extending defined contribution (DC) charge disclosure proposals to defined benefit (DB) schemes.
Steve Webb's commitment to introducing a charge cap on auto-enrolment (AE) schemes has "shamefully" collapsed, Labour's Lord Desmond Browne says.
An opposition amendment that would have allowed the Department for Work and Pensions (DWP) to rethink its pot follows member proposals has been narrowly defeated in the House of Lords.
Organisations representing employers, consumers, workers and the elderly have joined the National Association of Pension Funds (NAPF) in urging the government to rethink its commitment to pot follows member.
The government has proposed an amendment to the Pensions Bill which will pave the way for regulations requiring the disclosure of transaction costs to scheme members.
The government will introduce transparency requirements on transaction charges in workplace defined contribution (DC) schemes, pensions minister Steve Webb has announced.