HM Treasury

Chairman of the Treasury Committee (TC) Andrew Tyrie has again called for the abolition of the Money Advice Service (MAS), in a series of letters published on 30 November.

The government is seeking the public's views on what it would like to see in the Autumn Statement 2014, which will take place on 3 December.

The Treasury expects to net an extra £3.9bn between 2015 and 2020 as a result of tax reforms designed to facilitate the Budget freedoms.

The Treasury wants to hear from financial advisers as it published a call for evidence as part of its review into the role played by the Money Advice Service (MAS).

The Treasury is expected to appeal to the UK's biggest banks to increase competition in lending to small and medium-sized businesses.

The insurance industry is capable of cost effectively delivering the Chancellor's ‘retirement advice for all' pledge, but passing the "impartiality test" would be challenging, Otto Thoresen told MPs.

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The House of Lords' economic affairs committee has recommended a delay to the government's imminent tax crackdown on limited liability partnerships (LLPs).

The formats of both the annual Budget and Autumn Statement must evolve to focus on tax and spending decisions rather than political "vote chasing", the Institute of Economic Affairs (IEA) has said.

Labour MP Rachel Reeves has demanded Prime Minister David Cameron "clarify" the government's position on a charge cap for defined contribution (DC) schemes.