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.
Pensions minister Steve Webb has given the clearest indication yet of the make-up of the government's retirement ‘guidance guarantee', which will include a clear "hand off" to full advice for those who need it.
The government expects flexible working to become the norm within UK workplaces, rather than the exception.