Labour has come under pressure from internal critics of the Government’s pension reforms.
MAS chief executive Caroline Rookes says the FCA will be tougher on those delivering pensions advice.
Bankers trade body says LTI cap will unfairly penalise private banks and high net worth clients.
Fabian Society says the pension revolution “must be dismantled within weeks of Labour gaining power”.
Pension experts suggest pensions guidance may not go far enough in its current form.
Pensions expert Laurie Edmans says the term advice has been given a very narrow meaning.
Shadow Chancellor Ed Balls says he is making tough decisions to “balance the books”.
Government proposals to set up a pension guidance service for savers on retirement must set a clear boundary between what is regulated advice and guidance.
Lloyds Banking Group says 6 per cent of its lending is reliant on the Help to Buy equity loan scheme.
Shadow financial secretary Cathy Jamieson says Government should not intervene.
Prime Minister David Cameron is hosting a summit to tackle Scottish MPs’ voting rights on English issues.
Labour leader Ed Miliband opened his party’s conference in Manchester with a promise to increase the minimum wage from £6.31.
Scottish first minister Alex Salmond has stepped down after the referendum defeat this morning.
Trade bodies welcome appointment of Lord Hill as financial services commissioner.
Prime minister David Cameron has promised devolved powers for all four nations of the UK.
Scottish Financial Enterprise chief executive Owen Kelly said more devolved powers around tax could make Scotland a “very competitive” part of the UK.
Estate agents’ trade body says No vote will give greater clarity for Scottish buyers and lead to a ’less frenetic’ housing market.
Royal Bank of Scotland up 3.5 per cent and Lloyds Banking Group share price rise 2 per cent at 9:05AM.
Prime Minister David Cameron this morning pledged to give additional powers to the rest of the UK regions as well as Scotland.
The No campaign has won 55 per cent to 45 per cent against the pro-independence campaign.
Former Ukip financial services spokesman Godfrey Bloom says the party is focussing solely on EU regulation.
Insurers have held behind-closed-doors meetings about the political risk attached to Chancellor George Osborne’s pension revolution.
If Scotland opts to use the pound unilaterally and walks away from its share of UK debt this could lead to “unprecedented” austerity, NIESR warns.
The ONS reports nearly half a million jobs have been created in the last year.
CPI inflation fell from 1.6 per cent in July to 1.5 per cent in August.
Leaders promise “extensive new powers” for Scotland in the event of a No vote.
The star manager warns that Devo Max powers for Scotland could mark the beginning of the “fragmentation of governance” within the UK.
George Mathewson is the honorary president of Yes Scotland.
A flurry of change in Scotland could see a drastically different world for advisers and their clients.
Final salary schemes may have to be fully funded if an independent Scotland joins the EU.
Experts say measures to stop people exploiting tax relief on pension contributions go against the logic of the Government’s effort to solve the problem of small pension pots.
The Washington-based fund says it does not want to comment on the political process underway, but it believes a yes vote would cause uncertainty for the UK market.
Report will assess implications of the Budget and plans for collective schemes.
Insurer draws up plans for new life company registered in England.
Labour peer Lord Kennedy says FCA’s expectation that those delivering guidance set their own standards is not good enough.
The chief executive of Aberdeen Asset Management said he would not reveal his vote in the Scottish referendum on 18 September.
Banking giants Lloyds and RBS have confirmed they could move their headquarters to England if Scotland votes to leave the UK in next week’s referendum.
Former leader of the House of Lords Jonathan Hill handed role.
The Edinburgh-based insurer has been outspoken about the uncertainty a Yes vote will create for the financial services sector.
Experts say the central bank may take “a more stimulus stance” on monetary policy while an interest rate rise could also be pushed back.