HM Treasury

Representatives for the Treasury and The Pensions Regulator have cast doubts on the suitability of a single workplace pension scheme regulator.

The man tasked with selling off the government's stake in Royal Bank of Scotland (RBS) and Lloyds Banking Group (Lloyds) has quit.

The pensions industry needs a single regulator or gaps in scheme governance will harm savers, MPs have said.

The Treasury has warned an independent Scotland could have dire implications for sterling, leaving the UK pound vulnerable to speculators.

The government is consulting on plans to expand the range of shares that are eligible for a stocks and shares ISA.

Labour has asked the government to amend current drawdown rules to ease financial pressure on people who have seen their income drop by up to 40%.

Greg Clark, a minister in the Communities and Local Government department, has taken over from Mark Hoban as financial secretary to the Treasury, as part of the government reshuffle.

PENSIONS

The Treausry has confirmed occupational pension schemes will not be forced to comply with gender neutrality legislation when providing members with annuities.

The Association of Independent Financial Advisers (AIFA) is urging the Chancellor to reconsider plans to direct regulatory fines to government coffers.