Baroness Ros Altmann has accused the Government of complacency after it published proposed changes to workplace Defined Benefit pensions.
The Department for Work and Pensions has launched a Green Paper to consult on significant proposed changes to workplace Defined Benefit pensions which cover 11m people.
A former Department of Defence Minister has been handed a new ministerial role at the Department for Work and Pensions.
The FCA’s chief executive has warned some pension providers they must take action quickly after the regulator found customers were still at risk of high costs and charges.
A review on whether the link between the auto enrolment earnings trigger and income tax should be axed next year moves closer to a conclusion next week.
The link between the auto enrolment earnings trigger and income tax could be axed next year.
Hargeaves Lansdown says the DWP is right to consult on a charge cap on workplace pensions and changes should be made, particularly on older schemes.
After the mixed reactions to DWP's paper, 'Government response to the consultation: Improving transfers and dealing with small pension pots', Xafinity, the UK pensions and payments specialists, is encouraging the Department to push forward with a virtual amalgamation tool for pensions.
The Department for Work and Pensions (DWP) says more than 500,000 people are expected to saving in a workplace pension through auto-enrolment for the first time by Christmas.
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