Steve Webb

Pensions minister Steve Webb has admitted he is unsure if the legislative framework for defined ambition (DA) will be in place before the end of this Parliament.

The Department for Work and Pensions' (DWP) proposals for defined ambition (DA) or collective defined contribution (CDC) models must not be too prescriptive, The Pensions Regulator (TPR) chief executive Bill Galvin warns.

The government has confirmed the cap on compensation paid by the Pension Protection Fund (PPF) will be adjusted to give more money to long-serving employees with large pension pots.

The Department for Work and Pensions (DWP) is set to announce changes to the cap on benefits paid out by the Pension Protection Fund (PPF), PP has learned.

The draft Pensions Bill does not do enough to protect consumers from obtuse and excessive charges, a Conservative MP claims.

The Department for Work and Pensions (DWP) paper on defined ambition expected this summer will set out plans to introduce large scale collective defined contribution (CDC) schemes to the UK.

The government's response to the National Employment Savings Trust (NEST) restrictions is likely to be addressed in the passage of the Pensions Bill.

The pensions minister talks to Jack Jones about CDC

Jack Jones on Steve Webb's enthusiasm for pooled DC

Pensions minster Steve Webb is praising employers for "stunning examples" of firms going the extra mile to engage employees during auto-enrolment (AE) resulting in opting-in becoming the norm.