Steve Webb

Government must implement radical reforms to provide incentives for pension saving, Fair Investment Company says.

Pensions minister Steve Webb has made a written statement to parliament clarifying the government's proposals to index private sector pension increases to CPI rather than RPI.

The government is set to index private sector pension increases to the Consumer Price Index in a move that could cut £100bn from scheme liabilities.

Bridge Trustees is considering taking a test GMP equalisation case to the European Court of Justice to clarify how the issue should be tackled, PP has learned.

UK - In his first print interview since being confirmed as pensions minister in the coalition government, Steve Webb talks to Tom Selby about the review of auto-enrolment, GMP equalisation and introducing a new Pensions Act.

Webb says NEST could go ahead untouched following independent review.

The coalition government will push ahead with NEST if the independent review panel decides the current structure is fit for purpose as well as tackle GMP equalisation and introduce a new Pensions Act, pension minister Steve Webb says.

The increase in state pension age to 66 will happen more quickly than originally planned and could be in place by 2016, minister say.

UK - The government has announced it will undertake an independent review of auto-enrolment.

An employer member of the National Association of Pension Funds has accused the trade body of failing to consult with members before issuing public statements.