Labour leader Ed Miliband has promised to enforce a strict 1% cap on pension charges as part of his plan to help people get a better deal.

Thousands of workers have been auto-enrolled into a workplace pension for the first time today.

Removal of commission from investment markets will help raise all-time low levels of consumer confidence in financial services, the Financial Services Consumer Panel (FSCP) has said.

Bank of England (BoE) deputy governor Paul Tucker has admitted quantitative easing (QE) had lost some of its "bite", the Telegraph reports.

The LIBOR system is "broken and needs a complete overhaul", according to Financial Services Authority (FSA) head of conduct Martin Wheatley.

RETIREMENT

A former adviser who won £25,000 in compensation after being unfairly dismissed for 'drunkenly offending' a client is still awaiting her payout months after the case was resolved in her favour.

Former HM Revenue & Customs (HMRC) head Dave Hartnett was presented with a "lifetime achievement award to corporate tax planning" by protestors who crashed an after-dinner speech.

The government is on course to raise £4bn from tax dodgers through a series of schemes cracking down on avoidance, Danny Alexander is set to tell the Liberal Democrat conference.

Nick Clegg's idea that pension savings should be used as a form of guarantee to help young people get on the housing ladder is ‘half baked', Saga's Ros Altmann has said.