The Government has published draft regulations for the Financial Assistance Scheme (FAS) for consultation.
Employees working for firms subject a takeover will be entitled to pension contributions after the deal is completed, under new regulations within the Pensions Act.
New regulations announced by Pensions Minister Malcolm Wicks will offer owners of stakeholder pensions the choice to move their pensions into less volatile investments as they approach retirement.
New pension simplification regulations concerning contracting-out of the state second pension scheme are to be released for consultation, Pensions Minister Malcolm Wicks has announced.
UK workers nearest to retirement could be in line to receive a top up to 80% of their scheme pension from the Financial Assistance Scheme (FAS).
A new £13m fund has been launched by Pensions Minister Malcolm Wicks, to finance local initiatives which should fast-track the take-up of benefits for Britain's older population.
Pensioners who have not yet claimed from the Pension Credit scheme are being urged to do so, as the average payout to a new applicantis around £1,000.
Pensions minister Malcolm Wicks has confirmed eligibility details of the Financial Assistance Scheme, added to last week's Pre-Budget announcements.
The Governments decision to extend coverage of its Financial Assistance Scheme has been taken to the House of Lords and the House of Commons this week for a third reading.
The Department of Work and pensions has again come to the defence of pension credit by arguing 300,000 of the UK's poorest pensioners are now making use of the scheme for the first time.