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In the crosshairs: Politicians and regulators take aim at non-advised business

Non-advised business models will be in the crosshairs of politicians and regulators no matter the outcome of this week’s general election, Money Marketing understands. Ros Altmann – who is to be made a Conservative peer and appointed minister for consumer protection if the Tories form a Government – says she will explore banning commission entirely. […]

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Nigel Farage and Nick Clegg quit after election drubbing

Nigel Farage will stand down as leader of Ukip after losing out in his bid to be elected as the MP for Thanet South. Liberal Democrat leader Nick Clegg has also confirmed he will quit as leader after a “crushing” election night. Labour leader Ed Miliband will also exit following a shattering result for the […]

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Labour targets £7.5bn tax evasion clampdown

Labour has claimed it will reduce tax avoidance and evasion by £7.5bn a year by the middle of the next parliament.  The party has also pledged to reduce pensions tax relief for higher earners, alongside similar plans by the Conservatives. Shadow Chancellor Ed Balls laid out the target this weekend as part of a ten-point […]

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Lib Dems promise flat-rate pension tax relief review

The Liberal Democrats have promised to embark on a review of plans to introduce a single rate of pensions tax relief. The policy, unveiled today in the Lib Dem manifesto, commits the party to an investigation of plans long demanded by pensions minister Steve Webb. The manifesto says: “We will establish a review to consider […]

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