The Treasury is warming to the idea of developing 'simple' products which advisers would then be required to use as benchmarks for their recommendations.
The Treasury has created a steering group tasked with developing a range of simple financial products.
Rachel Reeves has been promoted to shadow chief secretary for the Treasury in the Labour cabinet reshuffle, but her replacement in the pensions brief has not been announced.
Insurers have been given another year to become compliant with Solvency II (SII), the Financial Services Authority (FSA) announced today.
The Financial Services Authority (FSA) has failed to recognise the virtues of mutuals, Royal London says.
SIPP provider AJ Bell has called on the government to reverse some of its income drawdown reforms.
A former Labour Treasury minister today urged her party to drop its support for the 50p tax rate.
Capital Economics' Roger Bootle is among 20 of the UK's leading economists urging the coalition to drop the 50p tax rate, calling the top levy a "self-defeating" way for the Treasury to raise money because it risks driving away the nation's wealth creators...
HM Treasury believes simple products by definition should be allowed to be sold without advice.
Advisers do not stand alone when it comes to regulation and Europe. Paul Robertson talks to Steve White, your man in Brussels