CBI director general to leave after five years at the helm of the business lobbying group.
Labour shadow work and pensions secretary Rachel Reeves has pledged to launch a pension scams taskforce if elected.
Move following report that revealed £26bn in schemes charging over 1 per cent.
New rules to allow more fundraising by mutuals were yesterday made into law.
Networks and compliance experts are warning advisers against using ‘insistent’ customer processes to appease clients trying to transfer out of defined benefit schemes.
TSC hits out at regulator for creating ”false market” in insurers’ shares and says FCA board should review its effectiveness.
The Government must accelerate reforms of the Money Advice Service or risk wasting huge sums of advisers’ money, MPs warn.
Steve Webb has called on ministers to cease tinkering with levels of tax free pensions savings.
UK authorities are being defeated by a combination of a lack of resources and an overly complex tax code in their battle against evasion, MPs say.
Martin Lewis has offered to support MAS in reviewing the findings of the Farnish report after being invited to join a ”challenger panel”.
Prime Minister David Cameron has promised not to increase VAT if a Conservative government is re-elected.
George Osborne has disputed claims incoming pension freedoms will leave savers prey to “rip-off merchants”.
The Government’s “nudge unit” is teaming with LV= from April to work on planning a new pension passport scheme.
Over a third of people do not trust any party to provide a fair pension system.
MPs are set to lash out at the regulator’s handling of a briefing to the Daily Telegraph which wiped huge sums from the value of life insurers.
Nigel Wilson says next government needs to focus on productivity of banks rather than “bank bashing”.
Labour wants to reintroduce the stamp duty reserve tax and remove intermediaries relief.
Money Advice Service chief executive Caroline Rookes promises that work to interrogate the conclusions of the Farnish Report will be evaluated by stakeholders.
Observers have slammed plans for MAS to self-assess before a further Government review.
MAS should halve its budget for consumer education following a complete restructure, according to a Government-commissioned report.
George Osborne says Lib Dems blocked plans to raise the 40 per cent income tax threshold to £50,000.
Allowing pensioners to sell their annuity is unlikely to automatically generate a second-hand market, says the IFS.
New government measures to tackle tax evasion will include a harsh new fines regime and a strict liability offence for tax evasion.
Lifetime allowance cut to bring in nearly £2bn over five years
Experts raise concerns over HMRC’s IT infrastructure.
Treasury says it will not raise extra money from industry despite pledging £19.5m “additional” funding.
Pensioners who want to swap their annuities for cash or drawdown face a “minefield” and need to be protected by advisers.
PFS chief executive Keith Richards warns advisers that process “insistent” DB to DC transfer requests risk opening themselves up to ombudsman claims.
Experts suggest recent housing reforms could provide much needed boost to housebuilding.
Additional payment demands to be sent in a bid to seize a further £555m.
Govt considers barring people on means-tested benefits from selling their annuities.
Govt promises £19.5m extra funding to cope with pension freedoms.
“Rip-off merchants” are waiting in the wings to capitalise on pensions freedoms, according to the Labour leader.
Individuals could be required to obtain minimum number of quotes before sale.
“Retrograde” move tempered by link to CPI.
Osborne says “radically new” Isa is one of four steps to “create a savings culture”.
Personal allowance will increase to £10,600 next month as planned.
Digital accounts introduced from next year.
Pension lifetime allowance will be indexed from 2018.
The Chancellor will scrap the 20 per cent rate.