Pensions Minister

Yvette Cooper has become Secretary of State for the Department of Work and Pensions (DWP) as part of the Prime Minister's Cabinet reshuffle.

The number of pensioners living in poverty is increasing, according to new figures from the DWP.

The confusion and uncertainty around the UK pensions system, will continue for at least five more years, despite government efforts at simplification, the head of pensions strategy at Scottish Life claims.

Pensions Minister Stephen Timms pledged his support for the pensions pegulator yesterday and said the government and the regulator need to work together to ensure to promote effective regulation of the industry.

Pensions minister Malcolm Wicks has confirmed eligibility details of the Financial Assistance Scheme, added to last week's Pre-Budget announcements.