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Steve Webb hits back over new state pension and triple lock

Former pensions minister Steve Webb has defended communication of the new state pension, the triple lock and played down the concerns of women who will miss out under the new regime. Speaking to the Work and Pensions committee today, Webb hit back at claims the new system has been missold. Earlier this month, pensions minister […]

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Govt plans “emergency pause” for auto-enrolment

The Government has drawn up plans to apply an “emergency pause” to the rollout of auto-enrolment to small and micro firms. Ahead of a rapid increase in the number of firms hitting deadlines to enroll staff in schemes, the Department for Work and Pensions has plans in place to halt the programme if necessary, the […]

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Hitting the panic button: Will Govt be forced to delay auto-enrol rollout?

The industry is split over whether the Government will be forced to slow the pace of automatic  enrolment as millions of small employers set up pensions for the first time. In yesterday’s Autumn Statement the Chancellor revealed planned increases to minimum contributions will be delayed by six months. The move nets the Treasury £840m over two years […]

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Govt sets level for new state pension

The new full state pension will be set at £155.65 a week when it begins to be paid in April 2016, the Chancellor has announced. Speaking as part of the Autumn Statement today, George Osborne confirmed the weekly amount which will be paid to people with a full 35 year National Insurance Contribution record. Workers […]

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