Steve Webb

The government has confirmed its commitment to overhaul the retirement process and announced new plans to introduce collective defined contribution (CDC) in the Queen's Speech today.

Workers are to be given the option of saving into new 'collective' pension schemes which ministers believe could boost their incomes by up to 30%, under plans to be unveiled in the Queen's Speech later this week.

The industry needs to pace itself as it implements a raft of reforms, Natasha Browne says

Pensions minister Steve Webb says delays to the timescale for implementing reforms would happen "over my dead body".

Pension industry bodies have expressed "serious concern" over the timing of the defined contribution (DC) charge cap proposed by the Department for Work and Pensions' (DWP).

The Pensions Bill has received Royal Assent in Parliament, bringing reforms to state pension and the abolition of defined benefit (DB) contracting out closer.

The National Employment Savings Trust (NEST) Corporation has named Tom Boardman as deputy chairman.

Last year saw a big increase in the number of people attempting to find lost pension pots through the government's Pension Tracing Service, according to official statistics.

How the cost of the government’s promise of at-retirement advice could be met

The government has published amendments to the definition of money purchase benefits, which will take effect in early July.