Granting employers the authority to change schemes to mitigate the cost of ending contracting out will be a "very careful balancing act", the National Association of Pension Funds says.
A 'sleepy area of tax' is starting to wake up says Doug Beardon
More Britons are working beyond the state pension age as they delay retirement, according to data from the Office for National Statistics.
Pensioner pressure groups have mounted campaigns in Eastleigh in a bid to capture attention as national media focus on the shock by-election.
State pension changes will work with automatic enrolment rules to ensure it actually 'pays to save' for retirement, the pensions minister has said.
State second pensions or state earnings-related pensions will not protected by the triple lock under the new single-tier system, pensions minister Steve Webb has confirmed.
Public sector pensions will cost taxpayers an additional £9bn a year due to a ‘toxic' combination of the Public Service Pensions Bill and state pension reform, a Centre for Policy Studies paper shows.
The Office of Tax Simplification has made a range of recommendations in a bid to make tax simpler for Britain's pensioners.
The government's proposals for the single-tier state pension will be scrutinised by the work and pensions committee over the coming weeks.
The implementation of the single-tier state pension will cost the Exchequer £265m, according to official figures released today.