State pension

Pensions minister Steve Webb has urged the industry to "take a chill pill" on the schedule for state pension reform.

Deputy Prime Minister Nick Clegg has called for benefits such as free television licences, winter fuel payments and bus passes to be taken away from wealthy pensioners.

A universal flat-rate state pension will be delivered early next parliament but concerns over the transition of benefits are still being ironed out, Steve Webb has said.

State pension reform is on the rocks after David Cameron raised concerns the reform would alienate elderly voters.

Pensions minister Steve Webb has quashed rumours the government may unfreeze the pension of British expatriates.

State pension payouts can vary from as little as £7 a week to £230 due to the "staggering" complexity of current regulations, the pensions minster has said.

Almost 11 million Brits will not have adequate incomes in retirement, Department for Work and Pensions Research shows.

The Department for Work and Pensions will not publish its proposals for state pension reform until the autumn due to the "complexity" of the system.

A conservative MP and close ally of the prime minister will today call for pensioner benefits to be means tested.

The universal state pension due to be implemented from 2015 will penalise people with additional rights accrued under the current system, a consultant warns.