HM Treasury

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.

Draft regulations for the implementation of the third EU Money Laundering Directive have been released by the HM Treasury, including a list of products which will benefit from simplified due diligence.

Amid the news on global terrorism this week one role has been forgotten - that of the taxman.

Chancellor of the Exchequer, Gordon Brown, has just begun delivery of his 2006 Budget speech.