Guy Opperman MP, one of the longest serving Pensions Ministers in recent times, has returned to the Department for Work and Pensions although the pensions portfolio he held has yet to be allocated.

The pensions industry has been given more time to prepare for the Pensions Dashboards next year.

MPs want auto-enrolment pensions to be revamped to prevent them providing second rate incomes in retirement.

Recent proposals from the Department for Work and Pensions on the funding of defined benefit (DB) pension scheme could force many employers to put an end to DB schemes, according to pensions consultancy LCP.