DWP

Steve Webb's commitment to introducing a charge cap on auto-enrolment (AE) schemes has "shamefully" collapsed, according to Labour Lord Desmond Browne.

Organisations representing employers, consumers, workers and the elderly have joined the National Association of Pension Funds (NAPF) in urging the government to rethink its commitment to pot follows member.

Pension fund managers will be forced to fully disclose details of hidden costs associated with their products under new government plans.

A group of Labour lords has tabled an amendment to the Pensions Bill that would force the government to impose a pension scheme charge cap by 30 April 2015.

Average pension scheme charges are running above the 0.52% level estimated as normal by the Association of British Insurers (ABI), according to official government figures.

Labour MP Rachel Reeves has demanded Prime Minister David Cameron "clarify" the government's position on a charge cap for defined contribution (DC) schemes.

A panel of pension experts has been appointed to carry out the audit of high cost and legacy defined contribution (DC) workplace schemes, prompted by last year's Office of Fair Trading (OFT) investigation.

The at-retirement market presents significant growth opportunities for advisers and providers according to research from Dunstan Thomas.

Government plans to increase spending on state pensions have been criticised as "unaffordable and irresponsible" in a report by a free market think tank.

The government's plans to limit charges on pension schemes used for automatic enrolment have been labelled "not fit for purpose" in an official report.