Treasury

It is "unrealistic, uneconomic and unnecessary" to expect those approaching retirement to take regulated financial advice, according to Hargreaves Lansdown.

The Treasury has been accused of pushing out Royal Bank of Scotland (RBS) chief executive Stephen Hester to cut down any potential pay-off from the state-backed lender, according to a new book.

HM Revenue & Customs (HMRC) has successfully challenged a stamp duty land tax avoidance scheme, protecting some £68m of taxpayers' money.

The Treasury's handling of Equitable Life policyholders' compensation has been "unacceptable poor" and hindered by "delays and spiralling costs", the Public Accounts Committee will say later.

The UK government is considering divesting £5bn of its stake in Lloyds Banking Group as early as September this year, according to reports.

The Financial Conduct Authority (FCA) plans to introduce a "robust underwriting assessment" to be performed by lenders before issuing interest-only mortgages, letters published today have revealed.

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A ‘mansion tax' on all homes worth more than £2m would cost the owners as much as £36,000 a year on average, according to Whitehall analysis.

Equity Release Council chairman Nigel Waterson has urged government to address a ‘knowledge and policy' vacuum and take control of equity release.

Bringing forward the end of pension scheme contracting-out by 12 months was not motivated by the expected £5.5bn bump to government coffers, economic secretary to the Treasury Sajid Javid has said.