Pensions Minister

The Treasury and Department for Work and Pensions (DWP) have launched a consultation on merging financial guidance services into a unified body to provide a more efficient and central support service.

This week's biggest stories included coverage of the final day of the landmark British Airways case in the High Court, PP's definitive list of the top pension schemes in the UK, and the government revealing details on its 2017 auto-enrolment review.

Pension providers have made "significant progress" in reducing costs and charges following earlier recommendations by the Independent Project Board (IPB) that they do so, the regulator has found.

The Department for Work and Pensions (DWP) will issue a green paper on the future of defined benefit (DB) schemes in early 2017, the pensions minister has confirmed.

The 2017 auto-enrolment (AE) review must have a wide scope and look at the longer term to ensure adequate savings, the industry has told the pensions minister.

Pensions minister Richard Harrington has commissioned the Government Actuary's Department (GAD) to assess projected life expectancy in future years for the state pension age review.

The Department for Work and Pensions (DWP) will consider giving The Pensions Regulator (TPR) additional powers should they be needed, pensions minister Richard Harrington says.

Auto-enrolled employees will be putting aside £8bn of savings for retirement by the 2019/20 financial year, according to the Department for Work and Pensions (DWP).

This week's most read stories include TPR protecting members of a DB scheme accidentally converted to DC, and the FCA fining Aviva £8.2m for failing to protect client assets.

Savers should be able to use their nest eggs to buy a home, according to pensions minister Richard Harrington.