Retirement

Focusing on simple messages will be a key part of ensuring the success of auto-enrolment, pension minister Steve Webb says.

The number of people in the UK working beyond state pension age has almost doubled over the last 20 years according to figures released by the Office for National Statistics.

The Pensions Regulator (TPR) has published a list of key features that defined contribution (DC) schemes "need to be able to demonstrate" to show they will deliver good outcomes for savers.

Standard Life has launched an online toolkit aimed at helping employers and advisers plan for auto-enrolment compliance.

Retirement Planner's round-up of the week's top pension stories.

About 9,000 workers who are subject to labour laws in both the UK and another European country are to be exempted from the auto-enrolment process.

The government "will not come to a firm answer" on the question of small pension pot consolidation despite an industry-wide consultation on the issue initiated by pensions minister Steve Webb.

The Association of British Insurers (ABI) has downplayed the impact of charges on pension pots, pointing instead to the importance of increasing contributions and saving earlier.

The Financial Services Bill has been branded a 'dog's breakfast' by a prominent Labour peer and criticised for being put together too quickly.

Royal Bank of Scotland (RBS) has told staff they will have to work longer and contribute 5% of salary to their final salary pension.