Eric Daniels, chief executive of Lloyds Banking Group, says banks do not need breaking up and are ‘enormously competitive'.
Only one in ten advisers thinks there should be early access to pension funds for any reason, a Rowanmoor Pensions poll says.
At a joint event with REFORM think tank, Cicero Consulting, director and chief corporate counsel Iain Anderson, has called for the oversight role of HM Treasury to be enhanced in the new UK regulatory framework.
The Treasury Select Committee (TSC) has expressed doubts about the coalition government's programme to aid Britain's economic recovery by slashing public sector spending.
Fiona Tait provides an update on the consultation to reform annuitisation
Thousands of Equitable Life victims who annuitised before 1992 will receive no compensation despite a proposed amendment to include them in the government's repayments package.
The government will publish a formal response to its consultations on the Finance Bill 2011, including details on new pension annuitisation rules, on 9 December.
Helen Morrissey takes a look at recent changes to pension tax relief and examines who will be the main beneficiaries.
The government's spending cuts and the rise in VAT to 20% in January will result in more than 1.6 million job losses across the public and private sectors, research suggests.
Commercial secretary Lord Sassoon has been told to take steps to improve consumer access to the open market option (OMO) and intervene on poor annuity rates.