News

UK - Global institutional investors have welcomed Chancellor George Osborne's confirmation that £3bn ($4.8bn) will be provided to fund a Green Investment Bank in today's Budget.

Only a handful of pension schemes will be able to take a direct stake in National Air Traffic Services when the government sells its holdings due to the complex risks involved, consultants say.

UK - Chancellor George Osborne confirmed the government will implement a single-tier state pension.

Chancellor George Osborne confirmed the government will implement a single-tier state pension.

Lord Hutton's recommendations for public sector pension reform have been backed by the Treasury, with Chancellor George Osborne saying there would be no "cherry picking" from his proposals.

The UK economy will grow by 1.7% this year, significantly below previous estimates, George Osborne announced today.

The government will consult on merging the operation of National Insurance and income tax but pensioners will not pay more tax as a result, George Osborne has announced.

Professional Pensions brings you all the key points from today's Budget as they happen...

Business briefing: Budget checklist; Discrimination on pensions justified; Top tips for setting up a salary sacrifice scheme

Contracting-out for defined benefit pension schemes will be scrapped as part of the move to a single tier state pension, the Budget Report says.