Rethinking the ‘pension last’ approach
Challenge around ‘standards for consistency’
Consultation covers how default pensions should work in practice
'Feeling safer and being safer aren't the same thing'
Changes will also be made to how tax due on excess lump sum death benefits is collected
State pension expected to rise to £13,036
Not expected to tinker with tax-free lump sum
Farming minister says matter ‘now settled’
'While access to pensions has improved, barriers remain'
Up £300m on the same period last year