Steve Webb

Politicians on both sides of the house have cautiously backed the industry code of conduct on charges as a first step to improving transparency.

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

Pensions minister Steve Webb has said the Department for Work and Pensions (DWP) is considering imposing penalties on employers who do not choose auto-enrolment schemes deemed of a high enough standard.

Steve Webb has written to the Association of British Insurers (ABI) demanding evidence that consultancy charges levied on pension scheme members are value for money.

A clear majority of people will remain in a workplace pension once auto-enrolled, a Department for Work and Pensions (DWP) survey has found.

The Department for Work and Pensions (DWP) has set out its proposals for the design of pensions minister Steve Webb's flagship defined ambition (DA) pension system.

Pensions minister Steve Webb has announced the Department of Work and Pensions will publish its Reinvigorating Pensions report on 22 November.

Pensions minister Steve Webb has admitted the government needs to do more to prevent consumers being auto-enrolled into "dodgy" pension schemes.

The Association of British Insurers (ABI) has launched a consultation on the transparency of annuity rates to ensure consumers approaching retirement get the best deal.

Restrictions on the National Employment Savings Trust (NEST) could leave medium-sized employers with only one provider to choose from for auto-enrolment, the pensions minister has said.