John Glen

Millions of public sector workers will be able to choose whether their pension provision should be accrued under legacy or reformed schemes under government plans announced yesterday.

The government will proceed with a range of changes to the investment consultant and fiduciary management markets as recommended by a major competition review.

A consultation on a cold-calling ban will be published "imminently", the government has said as it laid out plans for the policy.

Kirsty Cooper has been appointed the insurance and pensions champion for the government's expanded dormant assets scheme.

MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".

The Treasury has reaffirmed its decision against rolling out freedoms to the annuity market, arguing it would be impossible to balance consumer protections with a functioning market.

An industry taskforce aimed at boosting innovation in the finance industry to enhance the profitability of social impact investment has been commissioned by the prime minister.