Steve Webb

Helen Morrissey draws together opinions on the outlook for next year

The Financial Services Consumer Panel (FSCP) has urged the Financial Conduct Authority (FCA) to create requirements for employers and trustees of workplace schemes to provide annuity services for members.

Linklaters' Tim Cox says the minister must wake up to problems in the Pensions Act 2011

Rachel Dalton on Webb's use of Lloyds as an illustration of DA

People will have to build up at least 10 years of National Insurance payments or equivalent credits to be eligible for the single-tier state pension.

Recent developments at Lloyds Banking Group (LBG) demonstrate the "two futures" of DB provision that could be solved with defined ambition (DA) proposals, pensions minister Steve Webb says.

Shadow pensions minister Gregg McClymont has attacked the government's consultation on scheme charges as too short and "phoney".

Jonathan Stapleton says the defined ambition proposals offer a sensible solution

The Tax Incentivised Savings Association (TISA) Exchange (Tex) has launched a contract club of transfer providers to cut pension transfer times to no longer than six working days.

Pensions minister Steve Webb's move to ban commission and active member discounts (AMDs) is a "seismic" shift for providers and will drive a completely new business model for advisers, Aviva has said.