House of Lords

The Treasury is under so much pressure it should consider getting funding directly from the financial services industry, former cabinet secretary Gus O'Donnell has said.

The Financial Services Bill has passed through to the House of Lords without any significant amendments affecting financial advisers, including the reintroduction of a long-stop.

The Association of Independent Financial Advisers (AIFA) and the Association of British Insurers (ABI) is to co-host a roundtable event looking at how upcoming regulatory changes will affect IFAs.

Government ministers will aim to overturn the exclusion of means-testing of cancer patients receiving Employment and Support Allowance (ESA) as the coalition's government's Welfare Reform Bill moves back to the House of Commons.

The Treasury has again rejected calls to allow more alternative investment market (AIM) shares in individual savings accounts (ISAs).

Peers are today expected to challenge plans for a £26,000 cap on the benefits families can receive by suggesting child benefit should be excluded.

The government is seeking to cut half a million people from the disability benefits list when the Personal Independence Payment (PIP) is introduced.

Financial secretary Mark Hoban has defended the Money Advice Service after a prominent peer launched an attack on pay levels at the organisation.

The House of Lords has rejected an amendment to ensure increases to the state pension age (SPA) do not exceed one year.

Labour has made a last attempt to stall the government's increase to the state pension age (SPA) in the very last stages of the Pensions Bill.