134,000 people – mostly women – affected
NAO report says regulation harms innovation
More enrolment little use if it doesn't lead to higher retirement incomes, body suggests
The Treasury wants to hear from financial advisers as it published a call for evidence as part of its review into the role played by the Money Advice Service (MAS).
The National Audit Office (NAO) has called on the financial regulators to show they are providing value for money after finding they do not have processes in place to judge the best use of their cash.
The Money Advice Service (MAS) has started to develop "more targeted advice provision" and will soon be providing value for money, the National Audit Office (NAO) has said in a report, out today.
The National Audit Office (NAO) has launched an investigation into the new financial services regulatory structure that came into effect this year.
Government policies aimed at reducing the liability of the state for supporting people in retirement could fail due to being managed across different departments, auditors suggest.
Severe delays and errors have hit the payment scheme set up by government to compensate victims of Equitable Life, a report from the National Audit Office (NAO) has found.