HM Treasury

Ed Balls has agreed to include a revised definition of the term ‘beneficial ownership' in relation to trusts in the draft Money Laundering Regulations, following intense industry lobbying.

HM Treasury has "shot itself in the foot" by refusing to reconsider the borrowing rules introduced on A-Day for buying commercial property through SIPPs, claims Hornbuckle Mitchell.

The Association of IFAs is calling on the National Audit Office to conduct a review of the Financial Services Authority every two years.

Changes announced in the Budget mean the State Second Pension may not become flat-rate until 2035, four years later than planned, claims the Pensions Management Institute.

The government's response to a public petition asking for the removal of the 70% tax charge on leftover Alternatively Secured Pension Funds, is a clear signal retirees need to be more innovative, claims Living Time.

The government has reduced proposals for the minimum amount of income which must be drawn from an Alternatively Secured Pension from 65% to 55% of a comparable annuity for a 75 year old, but has retained the unauthorised payment charges on funds left...

Otto Thoresen has asked the industry to provide evidence on five key questions feeding into his review on generic financial advice.

HM Treasury has announced the Budget will be delivered by Gordon Brown, Chancellor of the Exchequer, at 12.30pm on 21 March.

A joint HM Treasury-DTI paper on the future of the EU's Single Market suggests the government wants to make it easier to cooperate across borders on matters of fiscal policy

Changes to EU money laundering rules are likely to mean advisers will have to check the identity of trust beneficiaries before the trust can be set up, it is understood.