Government Announcements

Spotlight - Government Announcements

Autumn Statement 2016: Expectations

Chancellor Philip Hammond will deliver his first Autumn Statement to parliament this afternoon.

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Pension cold calling ban introduced

The government is set to introduce a ban on cold callers selling investment products to people cashing in their pension pots from the age of 55.

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Firms planning to increase or maintain development spending

Are you planning to increase or maintain business development? 70% of firms are doing so, according to the Confederation of Business Industry.

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Brexit round-up: Employers not preparing for labour market changes

Here is a round-up of some of the top Brexit-related stories this week.

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Cap on exit pension charges introduced

The Financial Conduct Authority has detailed its final rules on capping early exit charges for people eligible to access their pensions from the age of 55.

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Inflation measure to change from March 2017

The Office for National Statistics will begin using CPIH to measure inflation from March 2017.

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Pension triple lock should be scrapped, say MPs

The state pension triple lock which protects the income of pensioners should be abolished, according to the Work and Pensions Committee.

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£7.6 billion accessed via pension freedoms

Savers have accessed over £7.6 billion from their pension pots since April 2015, according to figures by HMRC.

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Pension Schemes Bill places cap on exit charges

The Pension Schemes Bill from the Department of Working Pensions includes provisions to strengthen legislation on exit charges.

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Secondary annuity market plans cancelled

The government’s plans to introduce a secondary annuities market for pensioners have been cancelled.

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