Steve Webb

‘Short-term pension freedom decisions will cause long-term problems’

Controversial proposals to allow existing pensioners to sell their annuities for cash - and insurers to compete for the contracts - are to be discussed by ministers this week ahead of the 18 March Budget, according to reports.

The next government should establish an independent pensions commission as soon as possible after the May general election, MPs have urged today.

The next government cannot afford to wait until 2017 to review minimum auto-enrolment contributions, according to pensions minister Steve Webb.

...clients will call you about this week

The Financial Conduct Authority (FCA) and Department for Work and Pensions (DWP) have issued a call for evidence on which costs should be included in annual charge disclosures on workplace pension schemes, as part of a project to allay savers' fears about...

The government must shed light on how incoming pension flexibilities interact with means-tested benefit rules, according to shadow pensions minister Gregg McClymont.

The Department for Work and Pensions (DWP) has published proposals to automatically transfer small pots when savers move jobs, with exemptions for funds outside the 0.75% charge cap.

Pensions minister Steve Webb has urged the next government to introduce joint ministers across pensions, ageing society and the Treasury to break down silos between the departments.

The candidates for Personality of the Year at the Professional Adviser Awards 2015