Pensions minister Steve Webb has confirmed that an update for the defined ambition (DA) project will be published in the summer.

A number of smaller employers are planning to avoid auto-enrolment (AE) compliance citing the legislation as "designed solely to allow the government to steal more money".

Zurich has launched an auto-enrolment default investment fund in conjunction with Schroders after the recent launch of its own defined contribution master trust.

Nearly a quarter of adults (23%) in the UK have lost track of at least one pension pot, according to research from charity Age UK.

Half of 25-34-year-olds plan to increase the amount they save into a pension this year, according to research from the National Association of Pension Funds.

Pensions minister Steve Webb has said the abolition of contracting out, brought forward to 2016, does not mean defined ambition (DA) proposals must be finalised earlier.

The government is to consult on offering an individual protection regime for when then annual allowance is cut to £1.25m in 2014.

The initial hike in the state pension age (SPA) for women improved public finances by £2.1bn as employment rates for both women and men increased, research from the Institute for Fiscal Studies (IFS) has found.

Pensions minister Steve Webb has reiterated his interest in providing guaranteed returns in defined contribution schemes to create of risk-sharing ‘defined ambition' vehicles, describing it as a "stunning sales pitch".

The Financial Services Authority (FSA) director has said the relationship between it and The Pensions Regulator (TPR) needs more work due to the differences between the organisations.