DWP

The Pensions Regulator (TPR) has inadequate processes in place to measure performance, a National Audit Office (NAO) report has found.

The Department for Work and Pensions (DWP) has clarified the way in which consultants are allowed to charge for setting up group personal pensions for auto-enrolment.

Prudential has called for women over the age of 55 to check whether they will receive the full State Pension.

Enhancements to women's pension provision will decrease the importance of joint life annuities according to pensions minister Steve Webb.

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

Cash incentives should be offered under "no circumstances" in enhanced transfer value (ETV) exercises, an industry code of conduct warns.

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

PENSIONS

Defined benefit payouts will peak this year before tailing off as the impact of scheme closures is felt, the Department for Work and Pensions says.

The auto-enrolment earnings trigger and the lower and upper limits for the qualifying earnings band have been confirmed by the Department for Work and Pensions (DWP).