Webb: Delays to pension reforms 'over my dead body'

Speaking at Pensions and Benefits UK, Webb said he would not delay implementation of the 0.75% charge cap on default funds for auto-enrolment schemes or the accompanying transparency and disclosure framework. He said: "April 2015 is a firm deadline. We are not moving it." This comes after industry bodies expressed serious concern over the timing of the charge cap - with the National Association of Pension Funds (NAPF) recommending the Department for Work and Pensions (DWP) should consider a "more realistic timetable". > Read: Retirees could be told life expectancy < Webb also voi...