Rachel Reeves

Pensions minister Steve Webb has delayed the second reading of the Pensions Bill.

Pensions minister Steve Webb will unveil plans for a universal flat-rate pension to be introduced in 2015 or 2016, later today.

Measures to accelerate the equalisation of the state pension age have been slammed after amendments to the Pensions Bill to ease their impact were defeated in the Lords.

Pensions minister Steve Webb has confirmed that a single flat-rate pension is one of a range of options that will be explored in a green paper to be published shortly.

Chancellor George Osborne confirmed the government will implement a single-tier state pension.

Work and Pensions secretary Iain Duncan Smith has laid out plans for basic state pension reform in a bid to create a "state pensions system fit for a 21st century welfare system".

MPs have accused pensions minister Steve Webb of backtracking on the coalition agreement's terms on increasing the women's state pension age.

Labour pensions spokeswoman Rachel Reeves has questioned the timing of the government's call for evidence on defined contribution regulation.

The government published its Pensions Bill today, covering proposed changes to auto-enrolment.

Labour has slammed the coalition government for dithering over plans to introduce a flat rate state pension after it shelved the launch of a consultation last year.