Treasury

Retirement Planner's round up of the week's key pension stories

The Treasury will invite key industry figures to two workshops during the next fortnight to discuss the possible linking of liquid savings and pensions.

A new joint committee of six MPs and six peers is to enquire about consumer responsibility under the new 'twin peaks' regulatory system as it begins its pre-legislative scrutiny of the draft Financial Services Bill (FSB).

Despite last month's significant price movements in US treasuries, yields are still below the levels seen at the end of last year.

The first of the Equitable Life compensation payments will be sent out today.

The financial services industry has failed to learn from mis-selling mistakes of the past, Hector Sants said today as he reflected on four years as chief executive of the Financial Services Authority (FSA).

A Trades Union Congress (TUC) document leaked to the BBC has revealed unions do not believe today's negotiations with ministers will avoid industrial action.

Consumer groups will have the power to insist regulators investigate complaints of mass mis-selling of financial products when the Financial Conduct Authority takes over in 2013, Mark Hoban, financial secretary, will announce today.

The Treasury is reportedly discussing plans to axe higher rate tax (HRT) relief on pensions altogether, but PwC partner Marc Hommel says reform is not on the cards.

Chancellor George Osborne is considering a £7bn "raid" on pension perks for the better off, according to reports.