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Pension reforms announced in Queen's Speech 2014

Plans for giant "pooled" pension schemes with the potential to boost people's chances of getting a better retirement outcome have been unveiled in the Queen's Speech. The legislation will enable "collective schemes" that spreads risk between members.

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PM: Queen's Speech marks 'next big step for Britain'

David Cameron said the Queen's Speech marks "the next big step in our long-term plan for Britain."

"It's aim is clear, to secure our country's economic future to back all those who work hard and want to get on and give people piece of mind," the Prime Minister said in a YouTube message.

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