Steve Webb

The abolition of consultancy charging could open up opportunities for advisers according to Scottish Widows chief executive Toby Strauss.

Pensions minister Steve Webb has confirmed that an update for the defined ambition (DA) project will be published in the summer.

Pensions minister Steve Webb says current at-retirement processes are outdated and asked whether we need to "do decumulation differently."

Industry figures could not agree on whether the pensions market should move towards offering fewer, large scale products to employers.

The pensions minister has described consultancy charging as "a classic example of how the industry allowed itself to get bad headlines."

MPs on the Work and Pensions Committee have welcomed the government's move to ban consultancy charging on auto-enrolment schemes.

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

Pension minister Steve Webb's decision to stop foreign spouses claiming UK state pension based on their husband or wife's history of National Insurance contributions is 'cynical' and a knee-jerk reaction to UKIP's election success, deVere Group has said....

Steve Webb's pot-follows-member pension policy will make it easier for people to manage multiple pension pots but clarification is needed on the role of advice, Aegon has said.

The Department for Work and Pensions has confirmed it will create an ‘automatic transfer' system for small pots of less than £10,000, allowing workers to take their pensions with them from job to job.