Treasury

The Treasury is clawing back millions of pounds in tax from a government fund set up to help people whose occupational pension schemes collapsed, according to the Scotsman .

Joint proposals aimed at minimising the administrative burden on insurance groups operating in the EU have been put forward by the Financial Services Authority and the Treasury.

Over 40% of advisers think the Treasury will leave Alternatively Secured Pension as it is.

PAUL DAVIDSON, the entrepreneur known as The Plumber, intends to seek £5m in costs after the Financial Services and Markets Tribunal found he had been unreasonably treated by the Financial Services Authority, reports the Daily Telegraph.

The UK government's gilt issuing policy may not only be affecting annuity values but also the prospects of deferred members of pension schemes which are winding up.

The Isle of Man Treasury has appointed a new financial controller, with effect from next Monday

The Treasury has flatly denied it is considering making mortgage payment protection insurance (MPPI) compulsory for all homebuyers in the UK.

The Government has published the secondary legislation to bring home reversions and Ijara home purchase plans under Financial Services Authority regulation.

The launch last week of what has been quickly touted as the never-ending or inter-generational mortgage by Kent Reliance Building Society was always likely to provoke debate.

As the last days of August approach and we near the end of summer, it seems pensions finally appear to have taken a long awaited break.