pension reform

Legislation capping pension charges for workers who have built up pension rights but switched jobs has been announced by pensions minister Steve Webb.

Ministers have delayed the rise in the state pension age (SPA) to 66 by 2020 for women after widespread protest against the reform.

Prime Minister David Cameron has promised the government will put in place support for women worst affected by state pension reform.

Baronness Jeannie Drake, the "mother" of the auto-enrolment and National Employment Savings Trust (NEST) reforms, has told the Work and Pensions Select Committee the ban on transfers into NEST would work against savers.

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Almost 100 employers have signed up to use the National Employment Savings Trust (NEST) ahead of schedule.

Gregg McClymont, MP for Cumbernauld, Kilsyth and Kirkintilloch East, is the new shadow pensions minister.

Labour has made a final attempt to change the government's reforms of women's state pensions.

Cabinet Office minister and paymaster general Francis Maude yesterday claimed unions have no appetite for industrial action over pension reforms.

Head teachers may join in a day of strikes over reforms of their pensions on 30 November.