Treasury

A merger between the UK's newest regulatory bodies for pensions - the Pensions Regulator and the Pension Protection Fund - has been floated by Paul Thornton, the man appointed to conduct an independent review of pension regulation, says the Financial...

Reliance Mutual Insurance Society is acquiring Hearts of Oak Friendly Society following proposals in the December Pre-Budget report to change tax law and protect friendly society policyholders on a transfer of engagements.

The Treasury is seeking consultation from the protection industry on a proposal to allow pension term assurance for consumers who self-certify they have a pension provision.

A move by the Treasury to link pensions term assurance to pensions would create considerable costs for providers and advisers, says Andy Milburn, IFA market manager at Royal Liver.

There are rumours in the protection industry the Treasury may reach a middle ground on pension term assurance and allow a watered-down version of the product to continue.

The government has announced a service that will be aimed at providing consumers, including those on low incomes, with "quick, easy and simple access" to good quality advice on financial products.

Rule changes to the Isa regime will come into effect by April 2008, one year sooner than previously outlined by the government, the Treasury has announced.

NEW LAWS to curb tax avoidance by contract workers could penalise genuine employers and recruitment companies, according to the Financial Times .

An ITV1 programme being aired tonight about the decline of large defined benefit pension schemes warns at least 80% of the population should be worried about how they will survive in retirement.

The Treasury has announced its project to tackle loan sharks is being rolled out to every region in the UK.