Pensions Minister

The National Association of Pension Funds has highlighted trustee fears of unlimited fines or two years in prison for breaching new rules aimed at limiting investment in sponsoring employers.

The government is proposing to scrap the default retirement age of 65 by October next year, it today confirmed.

The independent panel of experts tasked with assessing the viability of auto-enrolment and NEST has finished a run of seminars with stakeholders.

Pensions minister Steve Webb has made a written statement to parliament clarifying the government's proposals to index private sector pension increases to CPI rather than RPI.

UK - The coalition government will take a "long hard look" at auto-enrolment and the delivery of NEST before deciding on its future, Steve Webb said.

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.

David Laws was not the only new minister to read a letter from his Labour predecessor as he took office.

Chris Grayling is rumoured to be named as the new pensions minister under the Conservative/Liberal Democrat coalition government.

UK - Ignis Asset Management is encouraging industry leaders and politicians to debate hybrid schemes.

Ignis Asset Management is encouraging industry leaders and politicians to debate hybrid schemes.