HM Treasury

A major review into consumer access to the financial advice market has been launched by HM Treasury and the Financial Conduct Authority (FCA).

The Financial Conduct Authority (FCA) has set out the criteria on which it decides whether to refer a firm to enforcement, recognising the option is "expensive and resource-intensive" and should be used with discretion.

HM Revenue & Customs (HMRC) is to hold regular stakeholder forums to help clarify and develop the rules surrounding EIS, SEIS and VCT schemes.

High earners have had the tax relief on their pension contributions cut in today's Summer Budget.

The Treasury will net an extra £700m in tax this year as a result of the pensions freedom and choice reforms, Hargreaves Lansdown has projected.

Guidance guarantee providers will be liable for redress in the event of a consumer complaint about Pension Wise, the Financial Conduct Authority (FCA) has said.

Association of Professional Financial Advisers (APFA) director general Chris Hannant and former Association of British Insurers (ABI) boss Otto Thoresen have been named on a panel tasked with helping shape the future of the Money Advice Service (MAS)....

The government does not intend to permit those wishing to cash in their annuities to sell them back to their existing provider, it has announced.

The government has come under fire for delaying the publication of its report into the Money Advice Service (MAS), with some suggesting the report was deliberately hidden before the upcoming general election.

More than half a million people will be able to take advantage of the government's changing regulation around pensions from 6 April, according to latest official estimates.