pension reform

A financial adviser has launched a pension scheme to directly compete with the government-backed, and taxpayer funded, National Employment Savings Trust (NEST).

Public sector workers employed in higher education should be allowed to enrol into the National Employment Savings Trust NEST), universities and colleges say.

The government must address the record drop in public confidence in pensions or risk mass opt-outs from auto-enrolment, a trade body warns.

Pensions minister Steve Webb has confirmed the Department for Work and Pensions (DWP) will this autumn propose reforms to the system of transferring small pension pots.

Pensions Ombudsman staff would be unable to cope with the volume of complaints if auto-enrolment fails, says ombudsman Tony King.

The Pensions Bill will have its third reading in the House of Commons on 18 October.

A group of MPs charged with scrutinising cuts to the Department of Work and Pensions (DWP) has said it is still concerned the project is too ambitious.

The pensions minister this weekend showed he is no fool when it comes to political posturing.

Pensions minister Steve Webb has revealed more than six million people continued to pay National Insurance contributions (NICs) in 2008-09 despite having already qualified for a full state pension.

Pensions minister Steve Webb has said the government will revisit the issue of risk-sharing as part of its drive to reinvigorate occupational pensions.