HM Treasury

The Treasury will net an extra £700m in tax this year as a result of the pensions freedom and choice reforms, Hargreaves Lansdown has projected.

Guidance guarantee providers will be liable for redress in the event of a consumer complaint about Pension Wise, the Financial Conduct Authority (FCA) has said.

Association of Professional Financial Advisers (APFA) director general Chris Hannant and former Association of British Insurers (ABI) boss Otto Thoresen have been named on a panel tasked with helping shape the future of the Money Advice Service (MAS)....

The government does not intend to permit those wishing to cash in their annuities to sell them back to their existing provider, it has announced.

The government has come under fire for delaying the publication of its report into the Money Advice Service (MAS), with some suggesting the report was deliberately hidden before the upcoming general election.

More than half a million people will be able to take advantage of the government's changing regulation around pensions from 6 April, according to latest official estimates.

HSBC's senior executives have apologised to a committee of MPs for the failings in its Swiss private banking arm which meant clients avoided paying millions in tax.

The UK government is to sell another tranche of shares in Lloyds Banking Group as it moves to return the bank to private ownership.

An independent review of the Money Advice Service (MAS) will recommend it cuts more than half its staff and reduce its budget by as much as 38%, according to a report.

The Bank of England (BoE) and HM Treasury have announced a one-year extension to the Funding for Lending Scheme (FLS), with small to medium-sized businesses to continue to be the primary beneficiaries.