Steve Webb

It's been around a year since pensions minister Steve Webb first touted the idea of defined ambition and around two months since the DWP published its (somewhat wavy) DB-lite and DC-plus options, but it's all gone a bit quiet since.

Rachel Dalton examines the forces closing in on money purchase.

The government is considering relaxing a black-and-white definition of "money purchase" to avoid shifting the goalposts on defined contribution schemes with guarantees, according to experts.

The Department for Work and Pensions has promised a better working relationship between the Pensions Regulator and the Financial Services Authority and said joint thematic reviews are planned.

The Department for Work and Pensions is considering an outright ban on consultancy charges on pensions which are borne by members.

The overhaul of the state pension system announced today will save the government money in the long term according to Department for Work and Pensions projections.

People will have to work longer to qualify for a flat-rate state pension under long-delayed proposals published in a white paper this afternoon.

The government today unveiled its plan for a single tier state pension after more than a year of delays.

A group of 14 insurers have signed up to an agreement on charge disclosure drawn up by the Association of British Insurers.

Is cutting contributions more trouble that it's worth?