Steve Webb

Pensions minister Steve Webb has said he envisages automatic transfers being used in defined benefit (DB) schemes to counter the issue of deferred members.

Pensions minister Steve Webb has pledged to give the raft of legislation working its way through parliament time to bed in, and not introduce any more major reforms.

A Department for Work and Pensions (DWP) autumn consultation into the future of defined contribution (DC) will consider the place of fiduciary duty, pensions minister Steve Webb says.

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Pensions minister Steve Webb says current at-retirement processes are outdated and asked whether the industry must "do decumulation differently."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