ABI says two in five will save less into their pension if chancellor caps scheme
Budget change would hit the growth phase directly leading many to cut contributions
Darren Philp says UK companies must first look to themselves if they are short of capital
Reports say chancellor has also decided against cutting pension lump-sum withdrawals
Call for DC schemes to adopt a ‘UK-weighted’ fund as their default arrangement
MPC members narrowly vote to hold rates at five votes to four
Says upcoming budget will focus on ‘growth with fairness’
Government green-lights CDC scheme expansion, Sterling 20 initiative launches, inflation figures published
Announcements will include deregulatory measures for insurers and asset managers
Chancellor joins 20 pension providers and insurers to help drive growth across the UK