MPs to probe workplace pensions

The new inquiry follows the committee's review of auto-enrolment and the National Employment Savings Trust (NEST), which it is due to report on in the coming weeks. In a statement, the committee said planned state pension and auto-enrolment reforms will be "significant steps" in improving retirement incomes. However it added "further steps" are needed to bridge the pensions gap. The inquiry will explore governance and best practice in workplace pensions. In particular, it will focus on the transparency of charges and costs and the clarity of communication to pension scheme membe...