HM Treasury

Tax relief on pensions will be further restricted and a future government could consider the nationalisation of NEST and PPF assets, a panel of experts believes.

The Treasury is to establish a dedicated guidance guarantee operation for face-to-face meetings separate from The Pensions Advisory Service (TPAS), Michelle Cracknell has said.

The Pensions Advisory Service (TPAS) intends to provide the Chancellor's guidance guarantee over the phone on an appointment basis.

The Pensions Advisory Service (TPAS) intends to provide the Chancellor's guidance guarantee over the phone on an appointment basis.

The UK government will fight hard against European Commission (EC) pressure to overturn its pensions sector, according to economic secretary to the Treasury Andrea Leadsom MP.

The Childcare Voucher Providers Association (CVPA) has slammed the government's decision to choose National Savings & Investments (NS&I) as the sole provider for the new Tax-Free Childcare scheme.

So as expected the Treasury's response to the Budget consultation will allow transfers from private sector DB schemes to DC.

Harmonising pension policy on a European Union (EU) level is unlikely to work due to a lack of demand for cross-border schemes, according to a Treasury report, published yesterday.

Now Pensions anticipates that "the vast majority" of its members will choose to take cash at retirement following the flexibilities introduced in the Budget 2014.

Insurers are expected to offer income drawdown for schemes unwilling to offer the full range of retirement income options to members.