pensions and financial inclusion minister

The Pensions Ombudsman (TPO) will become the hub for all pensions dispute resolutions as it plans to subsume The Pensions Advisory Service's (TPAS) team.

Auto-enrolment (AE) has now brought on board its one millionth employer as the flagship programme reaches the end of its phased staging, the government has announced.

The government and the industry "need to work in partnership" to enable savers to take control of their future, pensions and financial inclusion minister Guy Opperman has said.

Auto-enrolment (AE) has now brought nine million workers into occupational pensions since its introduction in 2012, latest government figures show.

The pensions and financial inclusion minister has rejected suggestions that the government is dominated by Brexit discussions and has no time to deal with pensions issues.

Master trusts have escaped significant regulatory scrutiny despite their surge in usage under AE since 2012, but this will soon change. James Phillips reports.

The Pensions Regulator (TPR) will authorise and supervise defined contribution (DC) master trusts under a planned regime which will "strike the right balance" between member security and scheme burdens.

But 'clearer case' for change expected in 2020

A raft of consultations and draft regulations will greet the industry over the coming weeks and months, the pensions and financial inclusion minister confirms.

The pensions and financial inclusion minister has urged the industry to 'evangelise pensions and saving' in his first major speech to the industry.