Mark Hoban

The government has admitted it cannot predict the impact of Solvency II capital requirements on consumer prices.

FSA chief executive Hector Sants and Treasury financial secretary Mark Hoban are to spend a day with a Sussex IFA in a bid to "better understand" the advice sector.

Rural communities risk being cut off from financial advice as their IFAs exit the industry under the weight of the RDR and levy hikes, MPs were told today.

Harriett Baldwin MP is calling on the government to use a reprieve on red-tape for small businesses announced in the Budget to exempt small IFA firms from the RDR.

MPs have called on the government to take action over Nationwide's planned closure of all its inner southeast London branches.

Mark Hoban, financial secretary to the Treasury, was today forced to face down challenges by leading insurers who fear the new regulatory regime will be biased towards banking.

The Treasury says people exceeding the annual allowance (AA) on pension savings must meet their tax charges as soon as they arise.

The government has published the Independent Commission on Equitable Life Payments' report, which recommends how compensation worth £775m should be divided up.

Financial secretary Mark Hoban was forced on the defensive after MPs warned the Mortgage Market Review could have a "disastrous" effect on the economy if wrongly implemented.

Mark Hoban has dismissed calls for a cross-party group of MPs to have the power of veto over who gets the top job at the powerful new Consumer Protection and Markets Authority (CPMA).