The switch from RPI to CPI for pensions indexation will give members a lower outcome over the long term but gives better consistency, Steve Webb says.

State Street Corporation has been appointed as fund administrator for the National Employment Savings Trust (NEST) as the scheme's investment mandates are put out to tender.

The annual contribution cap and pension transfer ban should be retained in NEST's initial period but it is essential they are both reviewed in 2017, David Yeandle says.

Former Money Portal boss Tony Morris has had his assets frozen by Australian judges over his links to the £52m GP Noble fraud case.

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

Individuals must open themselves up to investment risk or they will be poor in retirement, Professional Pensions Investment Conference delegates were told.

The coalition government will take a "long hard look" at auto-enrolment and the delivery of NEST before deciding on its future, Steve Webb says.

The High Court has ordered £32m to be repaid in the GP Noble fraud case.

The new coalition government has agreed to scrap compulsory annuitisation at 75 and hold a review to decide when the state pension age will rise to 66.

The Conservatives pensions capability has been severely damaged with the loss of Nigel Waterson from the commons, the EEF says.