All Department for Work and Pensions (DWP) articles
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NewsGovernment rejects pooling plans for ACCESS and Brunel
Two LGPS pools could be forced to merge with others after the government this week rejected their plans to comply with the chancellor’s “megafunds” objective.
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NewsDWP to consider changes to PPF levy [updated]
The next Pension Protection Fund (PPF) levy bill could be smaller or even zero, after the Department for Work and Pensions (DWP) agreed to consider changes to the levy rules.
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NewsMPs seek to force government’s hand on WASPI compensation
MPs have tabled a bill aimed at forcing the government to compensate women who were victims of maladministration related to the rise in the state pension age.
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People NewsTorsten Bell appointed pensions minister as Reynolds gets economic role
Bell succeeds Emma Reynolds who has moved to a new ministerial role following the resignation of Tulip Siddiq.
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NewsNo compensation for WASPI women, says government
The government will not pay any compensation to women born in the 1950s and affected by the rise in the state pension age.
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NewsWhat the government’s own numbers say about investing in private markets
Increasing pension schemes’ allocations to private markets may only boost pension pots by 2% at most, according to the government’s own analysis.
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NewsPensions minister targets growth, better retirement outcomes
The government’s extensive policy reforms anticipated in the Pension Schemes Bill will deliver “the growth the country needs and the security in retirement that savers deserve”, according to pensions minister Emma Reynolds.
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NewsChurch of England eyes CDC as consultation launches
The Church of England and TPT Retirement Solutions have expressed interest in the collective defined contribution (CDC) pension model after the government launched a consultation on a regulatory framework.
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People NewsDebbie Abrahams to chair Work and Pensions Committee
Labour MP Debbie Abrahams has been appointed to chair the Work and Pensions Select Committee.
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NewsState pension triple lock could cost up to £45bn a year by 2050
As the Office for National Statistics prepares to release its estimate for average earnings growth, the Institute of Fiscal Studies (IFS) issues a warning over the cost of the triple lock to taxpayers.
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OpinionDecumulation: people need help to make choices
The DWP's consultation on pension choices needs to be clearer on what duties it will introduce and how they might work.
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NewsDecumulation call for evidence: Communication is key if scheme members are to be more informed
Industry says DWP call for evidence to help savers make informed decisions was overdue but more work is needed to communicate any enhanced options to members.
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NewsPensions, savings and inflation expected to be addressed in Chancellor's Autumn Statement
The government has confirmed this year’s Autumn Statement will take place on 22 November, and has pledged to halve inflation by the end of the year.
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NewsDWP’s DC retirement income consultation receives thumbs up from industry
There has been broad support for theDWP’s consultation on defined contribution (DC), or the so-called Mansion House reforms, particularly in relation to how savers access income in retirement.
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NewsThe next step towards a superfund regime
The Pensions Regulator (TPR) has published revised superfund guidance following government plans to legislate the consolidation schemes.
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NewsTriple lock: Government faces £9bn bill to inflation-proof state pension
State pension triple lock bill will rise on the back of inflation hikes and wage data, according to interactive investor.
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NewsDWP and state pension: Contracted-out members reminded of inflation timebomb
Savers who contracted out of the state pension are being warned that the guaranteed part of their pot, may not keep up with inflation.
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OpinionDC pension schemes look to illiquid investments to increase retirement income prospects
As the pensions industry unpicks the Mansion House pension reforms, a look at what some of the planned changes may have in store.
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NewsPension investment: What does private equity look like?
As pension funds gear up to place more of their assets in private equity, we look at what areas of PE are predicted to provide returns for savers.