HM Treasury

PP looks at research from TPR and the FCA on accessing pension freedoms

Time for administrators to speak up

The decision to increase public sector employee pension contributions is expected to net the Treasury an extra £2.9bn in 2014-15, according to official figures.

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

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.

Childcare voucher providers have won a two-year stay of execution with schemes remaining open following a delay to the government's tax-free childcare programme.

UK retirees will suffer if 'freedom and choice' causes the collapse of the annuity market, says Tor Financial managing director David Harris.

The Treasury will consider imposing a charge cap for when people access their pension freedoms in a consultation to be launched next month.

Steve Webb has warned that the Conservative government may target the £15bn salary sacrifice bill in its July emergency Budget.

Steve Webb has warned that the Conservative government may target the £15bn salary sacrifice bill in its July emergency Budget.