State pension

The Organisation for Economic Co-operation and Development today recommends the UK government further increases the state pension age to combat rising costs.

The National Association of Pension Funds is once more pressuring government to increase issuance of long-dated and index-linked gilts to help schemes better match liabilities.

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".

Government risks accusations of a ‘mis-selling scandal' unless it matches auto-enrolment reform with a revamp of the state pension, the National Association of Pension Funds says.

Government failure to reveal plans for a £140 universal state pension has weakened the coalition's Pensions Bill, leaving it like "Hamlet without the prince", Baroness Hollis says.

Employment rates for people beyond State Pension Age remained resilient throughout the 2008 recession - bucking the trend of the rest of the workforce, statistics reveal.

Plans to introduce a universal state pension could be held back until 2014 to give the coalition government a boost at the next general election, a policy expert says.

The government has hit problems with the reform of the state pension due to contracting-out complications and will now delay releasing its planned consultation, Ros Altmann says.

Government plans for a universal state pension of £140 a week remove the last justification for National Insurance contributions, a think tank claims.

The government has today detailed plans on how the state pension age will rise to 66 by 2020.