Treasury

Proposals for ‘simple' products have raised the question: Is there a danger that, with basic solutions available, consumers with complex financial needs may bypass the advice channel?

The Treasury's "reference scheme" is being used as the basis on which a new public sector pension scheme will be designed. We look at what has changed.

The government has offered unions an improved pension accrual rate and more protection for workers approaching retirement in a concession on public sector pension changes.

Hector Sants, chief executive of the Financial Services Authority (FSA), has admitted accountability issues with parliament and apologised for ill-feeling caused by the FSA's refusal to delay the retail distribution review (RDR).

The new body set up to regulate advisers may lack proper accountability and needs closer scrutiny of its role, according the chair of the Treasury Select Committee (TSC) Andrew Tyrie.

At a recent critical illness (CI) conference, it was observed that a lot of the individual market's underwriting problems could be reduced by using a low free cover limit (e.g. £50,000). Would bringing this into line with group business be helpful to...

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.