This week's news... condensed

Osborne shock The week began with George Osborne expressing his shock at the fact some of the wealthiest people in the country avoid paying a serious amount of tax. No one else was particularly surprised. Pensions Steve Webb continued his crusade to sort out the pensions mess by announcing that the government is assessing new types of schemes to even out the risks between employer sand employees following the demise of final salary schemes. Projection rates Four years on from the last review, FSA announced it will take another look at projection rates on retail investment produc...