pension reform

The Treasury has issued a veiled threat to unions to withhold industrial action or risk more harsh reforms to public sector pensions.

Pensions minister Steve Webb faced heckling and difficult questions at a National Pensioners Convention (NPC) event yesterday.

Public sector unions are gearing up for a national strike on 30 June to protest against pension changes proposed by Lord Hutton.

The Department for Work and Pensions (DWP) may extend the rules of the Financial Assistance Scheme (FAS) to insure pension schemes exempt from the Pension Protection Fund (PPF).

The government has set a date for the second reading of the controversial Pensions Bill.

The Prime Minister has become embroiled in the row over raising the state pension age (SPA) for women.

Advisers say the abolition of the requirement to annuitise by age 75 is the best pension reform passed this year.

The shadow pensions minister Rachel Reeves has urged the government to move forward with the Pensions Bill before the summer recess.

Tens of thousands of local government pension scheme (LGPS) members will opt-out if Lord Hutton's proposal to increase contribution rates is implemented, the Treasury has admitted.

The UK public is still in the dark over the National Employment Savings Trust just a year before it is due to launch, a poll has found.