A group of 14 insurers have signed up to a code of conduct on charge disclosure drawn up by the Association of British Insurers (ABI).
David Cameron and Nick Clegg will reaffirm their commitment to reforming the state pension in a mid-term review of the coalition's progress.
The Department for Work and Pensions (DWP) will not legislate on ‘micro pot' refunds, despite industry warnings that pension schemes will be forced to administer thousands of tiny pots.
High earners will be about £1,000 a year worse off following the government's planned state pension reforms, the pensions minister has admitted.
Retirement Planner's round-up of the top pension stories this week.
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.