HM Treasury

Six firms chosen to work on pro bono basis

The Treasury and Department for Work and Pensions (DWP) have launched a consultation on merging financial guidance services into a unified body to provide a more efficient and central support service.

The government is to create a single guidance body for pensions, money and debt matters, which will replace The Pensions Advisory Service (TPAS), including Pension Wise, and the Money Advice Service (MAS), it has said.

Margaret Snowdon has been appointed by HM Treasury to join the steering group for the pensions dashboard prototype project.

This week's biggest stories were the introduction of the LISA bill, the Pensions Regulator urging trustees to wake up to ESG risks, and shareholder rebellions at Sports Direct and ExxonMobil AGMs.

Pension professionals have welcomed the government's decision to keep the lifetime ISA (LISA) simple after a bill containing details of the saving vehicle was published.

The Treasury is seeking views on whether to allow defined contribution (DC) members to access their pensions before retirement to pay for financial advice.

As Ros Altmann exits the pensions minister role Helen Morrissey asks what the future looks like for policy development.

This week we want to know if the industry takes the security the Pensions Protection Fund (PPF) and The Pensions Regulator (TPR) provide to pensioners for granted.

The most popular stories included coverage of the ongoing inquiry into the collapse of British Home Stores, and mounting concerns over the Treasury's takeover of pension policy.