Steve Webb

Pensions minister Steve Webb has warned he will keep a sharp eye on the pensions industry following the announcement of the Budget freedoms in March.

Pensions minister Steve Webb has confirmed that restrictions on the National Employment Savings Trust (NEST) will be abolished in April 2017.

Royal London has reported a 45% slump in pre-tax profit in H1, pointing to regulatory charges as a key contributor, while its wrap platform Ascentric saw new business slide 20%.

More than four million employees have now been automatically enrolled in a workplace pension, according to The Pensions Regulator (TPR).

Just under 12m people in the UK are still not saving enough money to fund an adequate retirement income, according to research from the Department for Work and Pensions (DWP).

Eighteen websites have been suspended and arrests made during a campaign, being revamped on Thursday, against pensions liberation schemes.

The government has slashed the incremental increase to the state pension offered to workers who delay their retirement.

Savers are to receive free independent guidance from the Money Advice Service (MAS) and The Pensions Advisory Service (TPAS) when given unfettered access to their pension pots from next year, the government has said.

Pensions minister Steve Webb has given the clearest indication yet of the make-up of the government's retirement ‘guidance guarantee', which will include a clear "hand off" to full advice for those who need it.

The full transcript of our interview with pensions minister Steve Webb