Steve Webb

Scottish Life has confirmed that it will continue to undertake new auto-enrolment business through consultancy charging, despite being criticised by the pensions minister and releasing a statement apparently announcing a u-turn.

The abolition of consultancy charging could open up opportunities for advisers according to Scottish Widows chief executive Toby Strauss.

Pensions minister Steve Webb says current at-retirement processes are outdated and asked whether the industry must "do decumulation differently."

Pensions minister Steve Webb has confirmed that an update for the defined ambition (DA) project will be published in the summer.

Industry figures could not agree on whether the pensions market should move towards offering fewer, large scale products to employers.

Lady Barbara Judge will serve as chairman of the Pension Protection Fund (PPF) until 2016, after having her £60,000-a-year contract renewed by the Department for Work and Pensions (DWP).

Helen Morrissey says Steve Webb won't tolerate the industry dragging its heels

Rachel Dalton looks at an entry to the PP/Barnett Waddingham defined ambition competition from Kingfisher’s Matt Fuller

Prime Minister David Cameron faces a backbench rebellion today over a bill that would extend marriage to same-sex couples, as opponents have tabled an amendment that would add £3bn to public sector scheme costs.

The government should prescribe the method of charging for pension schemes for the industry, master trust provider B&CE says.