Treasury

Winterthur Life is calling on the government to drop its opposition to Alternatively Secured Pensions, which it calls a ‘ludicrous state of affairs'.

SHARES IN companies preparing to be involved in Home Information Packs took a nasty knock after a government U-turn on what the packs will contain.

AXA, THE FRENCH insurance giant, is understood to be in talks to buy Thinc Destini, the fast-growing financial advice group, for around £170m.

Firms which apply to operate personal pension schemes will be given ‘interim permission', even if their application has not been approved when regulations come into force.

The Conservatives have welcomed a ruling forcing the Treasury to disclose information on the removal of tax credits on dividends.

THE FIRST OFFICIAL review of the Financial Services Authority since it was created will be announced today by the Treasury's Economic Secretary, reports The Times .

THE NEW HEAD of the Pension Protection Fund will encourage companies to use swaps to manage their pensions promises, The Times has learnt

GORDON BROWN has decided against forcing millions of families to rewrite their wills, says the Times , and backed away from his controversial Budget measures unveiled in March.

The Financial Services Authority (FSA) has confirmed it will apply the Markets in Financial Instruments Directive (MiFID) to out of scope firms, including IFAs, where it is appropriate and proportionate.

The Treasury has denied media reports it proposed a pension compromise plan to offer earnings-related pensions to those over the age of 75.