Chancellor

With rumours once again swirling around the future of pensions tax relief in the run up to this year's Budget, any reduced incentive for long-term savers could risk further exacerbating the generational divide in pensions, says Tom Selby

Steve Charlton looks for an equitable way to incentivise saving for retirement.

Government plans to create jobs for 16-to-24-year-olds will see the state paying employer pension contributions, it is expected.

​Employers will be required to pay a proportion of furloughed staff costs from August, Rishi Sunak has announced today.

The government will raise the two tapered annual allowance thresholds by £90,000 in a bid to reduce the tax impact on high-earning NHS staff.

Chancellor of the Exchequer Rishi Sunak has confirmed the government will go ahead with its Budget on 11 March, despite Sajid Javid’s resignation.

Financial Conduct Authority (FCA) chief executive Andrew Bailey has been confirmed as the next Governor of the Bank of England (BoE).

HM Treasury has announced that the government’s next Budget will take place on 6 November, although this depends on the outcome of the Brexit negotiations.

This week's top stories included warnings that defined benefit (DB) transfers could become more difficult for trustees to process after regulatory register changes.

UK gross domestic product (GDP) is set to grow by 1.2% in 2019, less than the 1.3% forecast in the 2018 Autumn Budget, but the economy will expand over the each of the next five year's, Chancellor Philip Hammond said in today's Spring Statement.