News

Andrew Eborn has been appointed chairman of GenLife, the pensions and savings company.

The Chancellor's announcement that the lifetime allowance (LTA) on pension savings would be slashed by £250,000 was a Liberal Democrat policy, the party has said.

The fund management industry must stop "lurking in the shadows" and regain investors' trust, according to Investment Association (IA) chairwoman Helena Morrissey.

A consultation to amend the regulations on the treatment of additional voluntary contribution (AVCs) schemes for the purpose of the 0.75% charge cap has been launched.

The Financial Services Compensation Scheme has slapped a £20m interim levy on life and pensions intermediaries as it deals with "bad" self-invested personal pension (SIPP) advice.

The government has placed an annual cap of £300 on trivial benefits in kind that an office holder member of staff may receive tax free.

DB members get far more pension for their tax than DC members

The government has doubled the amount of tax-free childcare that parents of disabled children can claim.

The government is set to issue more than £133bn in gilts in 2015/16, according to Treasury documents.

The next government could save £835m in 2016-17 from pension changes announced in today's Budget according to HM Treasury.