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The Pension Protection Fund has delayed the implementation of its new tailored insolvency model until October - saying further work was needed to integrate scores into the levy framework.

Here are the key measures announced by Chancellor George Osborne in yesterday's Budget that will impact employers and benefits professionals.

Chancellor George Osborne's Budget has been largely welcomed by the employee benefits industry - although there were some surprises.

The government has confirmed it will be "taking forward" almost all of the recommendations made by the Office of Tax Simplification (OTS) addressing the taxation of employee benefits and expenses.

The number of employment tribunal claims has plummeted for the third consecutive quarter, meaning it is "too expensive for individuals to pursue justice", an employment law firm says.

Schemes can expect to see more volatility over the next 12 months as the US continues to taper its asset purchase scheme, says Aon Hewitt head of global asset allocation Tapan Datta.

Sending out the message that decent pensions will become unaffordable in the UK as society ages is "irresponsible and almost certainly mistaken", says Barclays European chief investment officer Kevin Gardiner.

Mandatory saving through auto-enrolment (AE) must coincide with fairer annual management charges (AMC) for members, former chairman of the Pensions Committee Lord Turner said last week.

One in 10 (11%) of The Pensions Regulator's 590 investigations into auto-enrolment (AE) non-compliance was triggered by whistleblowing reports.

A scheme allowing pensioners to top up their flat-rate state pension through voluntary National Insurance contributions (NICs) is expected to raise £850m over two years.