Flat-rate state pension 'absolutely' going ahead

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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 s...

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