Steve Webb

Pensions minster Steve Webb has reiterated his commitment to implementing a cap on pension charges, saying "nothing has changed" as a result of responses to the official consultation.

The planned cap on pension charges for auto-enrolment schemes, due to come in this April, has been shelved for at least 12 months, according to the FT.

COMMENT

Steve Webb's recent comments on annuities have provoked fierce debate. Helen Morrissey asks if this can provoke a wider conversation on the future of the retirement income market.

Pensions minister Steve Webb has continued his attack on the annuity market, saying the products are not good value and vowing to "shake up the market".

The at-retirement market presents significant growth opportunities for advisers and providers according to research from Dunstan Thomas.

Retirement Planner's round-up of the top pensions stories this week.

Pensioners should be able to switch their annuity contract in a similar way to switching mortgages, Steve Webb has said.

Fiona Murphy looks at AJ Bell's recent wish-list for pension reform, including calls to scrap flexible drawdown, and asks other industry players for their views.

Retirement Planner's round-up of the top pension stories this week.