UK - Gordon Brown's suggestion the Labour Party would extend its policy to restrict pensions tax relief to include people earning more than £100,000 was a "slip of the tongue", a Labour spokesman says.
The prime minister provoked confusion last night when he said Labour would "take away tax relief for those above £100,000 at a higher rate" as part of its deficit reduction plan.
The apparent announcement of a new policy in the Leaders' Debate sparked a furious reaction from experts in the industry.
Hargreaves Lansdown head of pensions research Tom McPhail said reducing the pensions tax relief threshold had been discussed prior to the budget - and admitted he would "assume the worst".
Barnett Waddingham partner Clive Grimley claimed the move - which would have affected 304,000 people - would have been an example of "yet another stealth tax".
However, the spokesman insisted the policy in the manifesto - which stated that the measure would apply to those earning more than £130,000 - still stood.
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.