Steve Webb

Malcolm McLean asks if the latest changes are in step with other reforms

The government has grossly underestimated the impact on providers of the pension charge cap by about £800m, says Royal London.

The Department for Work and Pensions (DWP) says its auto-enrolment policy is proving successful, with almost three quarters of the population aware of the flagship programme.

More than four million employees have now been automatically enrolled in a workplace pension, according to The Pensions Regulator (TPR).

Working people in the UK who are not saving enough for retirement number 11.9 million, according to research from the Department for Work and Pensions (DWP).

The cost of implementing the 0.75% charge cap has already overshot expectations from the Department for Work and Pensions (DWP).

The industry wants Steve Webb to keep hold of the pensions brief after the general election, according to a poll conducted by PP.

All schemes with mixed charge structures or fees in excess of 0.75% will be included in the audit of legacy defined contribution (DC) schemes launched earlier this year.

Online register idea touted as ‘win-win’

The government has slashed the incremental increase to the state pension offered to workers who delay their retirement.