The Government is set to work with the industry on "alternative ways" to implement pension tax relief restrictions - and is considering reducing the annual allowance to as little as £30,000.

Chancellor George Osborne has confirmed the government will tackle the "spiralling" cost of public sector pensions.

The Government has established an independent commission to look at ways of reducing the costs of public sector pensions.

The Gulf of Mexico oil spill crisis may not only prove a wake-up call for BP but for UK pension funds too.

The RDR will cost employees joining pension schemes around £350 each, Creative Benefit Solutions warns.

Who knew that BP stood not just for British Petroleum but also for British Pensions?

The global economic crisis has still not been solved, chairman and chief economist of Lombard Street Research warns.

The computer contract for administering the National Employment Savings Trust - signed by the Labour government just months before they left office - will be re-examined, David Laws says.

Liberal Democrat MP Steve Webb has been appointed as pensions minister to serve under Iain Duncan Smith at the DWP.

Former Tory party leader Iain Duncan Smith was this afternoon confirmed as the secretary of state for work and pensions in the David Cameron-led coalition Government.