State pension forecasts sent out to people approaching retirement are so complicated even financial advisers do not understand them, pensions minister Steve Webb says.
Employee benefit consultancy Xafinity has slammed the DWP's review of regulation around trust-based pension schemes.
The government has called for evidence to review the regulatory differences between trust-based and contract-based defined contribution (DC) pension schemes.
The government has claimed people on an average income reaching the state retirement age this year will gain £10,000 through their state pensions as a result of recent changes.
The DWP will look into improving annuity rates for people with pension pots of under £5,000, pensions minister Steve Webb says.
At first we thought we'd been asked to list our greatest heroes and villains of all time. Gene Hackman and Vladimir Kozak (Google him) were on that list. Turns out we had to limit it to 2010 and financial services…
The coalition government's cuts to child benefit for anyone earning over £44,000 is ‘a worry' and answers from the Treasury are ‘not good enough', pensions minister Steve Webb has been caught saying.
In the spirit of the traditional Christmas panto, we have come up with our definitive list of heroes and villains of the pensions world for 2010. Question is: Do you agree with us?
Jon Cruddas, Labour MP for Rainham and Dagenham, has called on pensions minister Steve Webb to encourage transparency from pension fund managers.
Shadow pensions minister Rachel Reeves yesterday challenged Steve Webb over the elimination of conflicts of interest for NEST asset managers.