Steve Webb

Helen Morrissey talks to pensions minister Steve Webb about auto-enrolment one year on.

Pensions minister Steve Webb has promised to set up an "annuities task force" and conduct a wholesale review of pensions decumulation.

The government may extend its ban on consultancy charging in auto-enrolment (AE) schemes to vehicles set up before it announced the practice would be outlawed.

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

Pensions minister Steve Webb is considering changing the law to combat the growing problem of pension liberation.

Legal and General (L&G) will cap its charges on the default fund within workplace pension schemes at 50 basis points (bps) from 9 September.

More workers in their 50s are choosing opt-out of automatic enrolment (AE) into workplace pension schemes than any other age group, according to official statistics.

Financial advisers should utilise their relationships with solicitors and accountants to drum up auto-enrolment (AE) business, the Association of Professional Financial Advisers (APFA) has said.

A million workers have now been automatically enrolled into a workplace pension scheme, the government has said.

The government's defined ambition (DA) project faces "formidable obstacles", according to the Association of British Insurers (ABI).