There are still too many people in financial services who think they can "keep their customers where they want them" by quietly carrying on with old-style practices, Pensions minister Steve Webb has said.
Pensions minister Steve Webb has said automatic transfers will begin on a voluntary basis to get the policy off the ground.
Natasha Browne gets industry reaction to Steve Webb’s plans to roll out freedom and choice to annuitants.
Lord German has called for pension scheme trustees to account to members for "all actions taken in the performance of their investment functions".
Six out of ten trustees and pension professionals rejected pensions minister Steve Webb's bid to allow annuitants to sell their contracts in exchange for cash according to research carried out by PP.
Two Lords have called for the restrictions on the National Employment Savings Trust (NEST) to be axed when the Pension Schemes Bill 2014-15 becomes law.
Pensions minister Steve Webb's bid to allow annuitants to sell their contracts in exchange for cash has been rejected by industry figures.
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Should the auto-enrolment threshold be lowered?
Pensions minister Steve Webb has confirmed its intention to have a pot follows member system to consolidate small pots in place by autumn 2016.