Most of the 20 million workers paying into the State Second Pension (S2P) will be worse off under the single tier pension, says the Trades Union Congress (TUC).
The government's response to the National Employment Savings Trust (NEST) restrictions is likely to be addressed in the passage of the Pensions Bill.
Proposal to pay legacy S2P as lump sum gets cautious thumbs up
Prime Minister David Cameron denied the end of contracting out will create a wave of further closures of final salary pension schemes.
This afternoon the government will unveil its long-awaited state pension white paper, revealing decisions on the future of contracting out and increasing the state pension age in line with life expectancy.
The Prime Minister has, according to reports, put the brakes on the plans for the new state pension just at the point where we were expecting full details to emerge in a now further delayed White Paper.
Grasping the nettle of guaranteed minimum pensions
Pension reform creates winners and losers; New Zealand QROPS providers draw up code of conduct; Nexar to acquire UK-based Ermitage
More than 10 million people will see their state second pension hit by the Consumer Price Index switch by the end of this parliament, the government says.