Steve Webb

Defined benefit schemes will be given free reign to change their accrual rates to offset the costs of scrapping the contracting-out rebate, PP has learned.

Pensions minister outlines his plans

Members need to know how state reform affects benefits

The government has set out its intention to "transform pension saving" with the launch of a green paper consultation on a flat-rate state pension.

Pensions minister Steve Webb will unveil plans for a universal flat-rate pension to be introduced in 2015 or 2016, later today.

Jonathan Stapleton on defined benefit's final sacrifice

UK - Pensions minister Steve Webb has confirmed that a single flat-rate pension is one of a range of options that will be explored in a green paper to be published shortly.

Pensions minister Steve Webb has confirmed that a single flat-rate pension is one of a range of options that will be explored in a green paper to be published shortly.

There is "no overriding reason" why a merger of National Insurance and income tax should not go ahead, a consultant says.

Occupational scheme member groups have attacked the switch to Consumer Prices Index inflation as a Treasury cost-saving exercise aimed at benefitting business over members.