Treasury

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.

Lloyds Banking Group has been hit with a record £117m fine by the Financial Conduct Authority for mishandling of payment protection product complaints.

Royal Bank of Scotland (RBS) is preparing shareholders for the government to sell down its 79% stake in the lender by asking them to vote on costs related to a sale at its annual general meeting.

Economist and creator of the term 'BRICs' Jim O'Neill is to become a Treasury minister in the new government.

This morning, China Construction Bank International (CCBI) launched the first ever ETF to be domiciled in the UK, but will others follow suit?

The Treasury Select Committee has called for an inquiry into the initiation of a criminal investigation over the Bank of England's financial crisis liquidity auctions.

The government has launched a review of how it calculates business rates, saying it wants to modernise the tax which is collected from businesses across England, including financial advisers.

Consumer champion Which? was one of just two organisations told about the pension reforms before last year's Budget, the organisation's executive director has said.

The Financial Conduct Authority (FCA) must establish a ‘second line of defence' for retirees ahead of pension freedom or the industry faces another major mis-selling scandal, according to MPs.