Rachel Reeves

Move expected to raise £1.5bn annually

Chancellor expected to dismiss calls for 2% levy on assets over £10m

Wholesale exemption would ‘adversely affect the Duty’s objectives’

Cannot forget lessons learned from 2008 financial crisis, founder urges

Lack of coverage 'perhaps unsurprising'

Retail platforms await further rule change details

Includes redress changes and wholesale Consumer Duty review

Rachel Reeves confirmed in Mansion House speech pension funds and government ‘are united’

To help consumers make better financial decisions

Regulator asked to report on how well rules are working