The government has set the earnings threshold at which workers are auto-enrolled at £9,440 for 2013/14.

PENSIONS

Pensions minister Steve Webb has said the Department for Work and Pensions (DWP) is considering imposing penalties on employers who do not choose auto-enrolment schemes deemed of a high enough standard.

Steve Webb has written to the Association of British Insurers (ABI) demanding evidence that consultancy charges levied on pension scheme members are value for money.

Higher rate tax relief on pensions is "costly and ineffective" and should be scrapped, a think thank has warned.

A high take-up of auto-enrolment could make the policy a "victim of its own success", a think tank has warned.

The Department for Work and Pensions (DWP) has set out its proposals for the design of pensions minister Steve Webb's flagship defined ambition (DA) pension system.

Pensions minister Steve Webb has announced the Department of Work and Pensions will publish its Reinvigorating Pensions report on 22 November.

The Pensions Ombudsman has ruled in favour of one of a pair of brothers in a dispute over a small self-administered scheme (SSAS).

The Treasury has confirmed rumours that it will launch a consultation on income drawdown limits are untrue.