Steve Webb

Pensions minister Steve Webb has confirmed the Department for Work and Pensions (DWP) will this autumn propose reforms to the system of transferring small pension pots.

The Pensions Bill will have its third reading in the House of Commons on 18 October.

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

The pensions minister this weekend showed he is no fool when it comes to political posturing.

The government may bring forward an increase in the state pension age to 67 as part of radical plans designed to prolong the working life of millions, according to reports over the weekend.

Pensions minister Steve Webb has said the government will revisit the issue of risk-sharing as part of its drive to reinvigorate occupational pensions.

Retirement Planner's roundup of the top pensions stories this week.

Pensions minister Steve Webb has vowed short service refunds will not be part of the future pensions landscape, and warned employers not to factor them in when selecting a scheme.

Phil Clarke, technical services manager at Rowanmoor Pensions, says IFAs and the government must act now to beat pensioner poverty.

Only a quarter (24%) of people applying for Employment and Support Allowance (ESA) are found sick or disabled enough to be awarded the benefit, according to latest government statistics.