Pensions minister Steve Webb has urged the industry to "take a chill pill" on the schedule for state pension reform.
The Department for Work and Pensions faced criticism earlier this year when the spring white paper outlining the detail of the universal state pension, set to be implemented in 2015, was pushed back to the autumn.
Webb dismissed speculation that the delay is due to internal wrangling between the Treasury and the DWP, or between the Liberal Democrats and the Conservatives, after reports that the Prime Minister had personally intervened in the plans.
In response to questions about the state pension at the Professional Pensions Show 2012, Webb said: "I asked someone if I was allowed to suggest people took a chill pill, and I was told I wasn't allowed to use phrases like that.
"We have been talking about state pension reform for half a century, and we have always said it is going to be implemented early in the next Parliament.
"Just calm down, it's all going to be fine, we are going to do it, we are just working through the detail. We are on track; we want to get it right. "
He added that he can "absolutely" confirm that the universal model for state pensions, in which all pensioners will receive a level amount of around £150 per week, is going ahead.
What made financial headlines over the weekend?
290,000 already affected
Putting the tech into protection
Square Mile’s series of informal interviews
Fallout from Haywood suspension