Steve Webb

Pensions minister Steve Webb has eased concerns the government could introduce regulations on decumulation products ahead of the general election.

Shadow pensions minister Gregg McClymont could lose his seat in May according to polling that found a 25.5% swing from Labour to the Scottish National Party (SNP) in his constituency.

The government has laid draft regulations before parliament to introduce a charge cap on defined contribution (DC) default funds alongside a raft of additional governance requirements for trustees.

The government's free Pension Tracing Service (PTS) will triple its staff number to 49 after experiencing an upsurge in demand last year.

PP looks at the attractions of pooling risk in retirement

Top stories on PP this week include a High Court ruling on overpayments, a consultation on defined benefit (DB) transfers and the unveiling of 44 guidance guarantee centres. Here's what you might have missed.

Pensions minister Steve Webb has said providers that ignore Independent Governance Committees (IGCs) would face huge reputational damage.

The new Pension Wise service is being tested to ensure it meets any surge in demand according to pensions minister Steve Webb.

Providers have shown interest in plans to allow people to unwind their annuities according to pensions minister Steve Webb.

Pensions minister Steve Webb has floated plans to allow providers to bulk transfer members from legacy schemes to more cost efficient models.