DWP

Since the coalition came to power in 2010, Steve Webb has been charged with the task of implementing auto-enrolment. Helen Morrissey spoke to the pensions minister about the first year of AE and challenges that lie ahead

Adviser commission on auto-enrolment pension schemes established before the Retail Distribution Review (RDR) could be scrapped under measures announced by the government.

Retirement Planner's round-up of the top pension stories this week.

Pension provider Aegon has warned the government not to act rashly on auto-enrolment scheme charges, saying an outright cap may harm the policy.

Ministers have outlined the options being put forward to implement a ban on pension scheme charges above 1%.

In this week's Retirement Planner quick fire poll we ask whether you are prepared to offer auto-enrolment advice to corporate clients.

The Department for Work and Pensions (DWP) is to examine ways to help savers "exploited" by high-charging legacy pensions exit the schemes.

Less than 10% of employees automatically enrolled into a pension scheme have so far elected to opt out, according to official figures.

It is "unrealistic, uneconomic and unnecessary" to expect those approaching retirement to take regulated financial advice, according to Hargreaves Lansdown.

Pensions minister Steve Webb is considering changing the law to combat the growing problem of pension liberation.