Treasury

To address £40bn hole in public finances

Following Mansion House speech

Unused pension funds will fall under IHT scope from April 2027

First phase intended to ‘reduce burden’ on firms

‘A big win for defenders of a broken system’

Increases risk of poor financial decisions, report states

'Dramatic difference' in firms' compliance burden under current regime

Market oversight director Dominic Holland calls on firms to contribute to futureproofing regulatory frameworks

Private Intermittent Securities and Capital Exchange System Sandbox established

Working with the US to develop rules