Pensions minister Steve Webb has admitted over 500,000 women would be excluded from NEST under plans to raise the earnings threshold for inclusion from £5,035 to £7,500.
The DWP's free Pension Tracing Service has helped 350,000 people find out if they are eligible for a workplace pension pot from previous employers.
Today is national Older People’s Day, but some are less than enamored with the DWP’s gesture towards “the important contribution older people make to society”.
The number of people turning 65 in 2012 is predicted to be 806,000, representing a huge influx into the state pension system, according to the DWP.
The government is proposing to scrap the default retirement age of 65 by October next year, it today confirmed.
Strengthening state pension provision is key to helping people develop a decent income in retirement, according to pensions minister Steve Webb.
The Government is set to index private sector pension increases to the CPI in a move that could cut £100bn from scheme liabilities.
New pensions minister Steve Webb on auto-enrolment, a new Pensions Act and why regulation "isn't evil".
Julie Darlington, director of regulation, 2plan Wealth Management, looks at how the complexities of the tax system impact pension planning.
The coalition government will take a "long hard look" at auto-enrolment and the delivery of NEST before deciding on its future, Steve Webb says.