George Osborne

Pensions freedom: Opportunities come with pitfalls

The government is proposing to launch a third kind of individual savings account (ISA) that encompasses peer-to-peer (P2P) loans.

The Treasury is to give savers more freedom on how they can take their tax-free lump sums from pension pots, with new rules allowing savers to take a portion of their pension out at any time.

George Osborne is expected to announce cuts to a so-called 'death tax' which applies to the untouched pension pots of over-75s at this year's Tory conference.

UK public borrowing rose more than expected in August, figures released by the government today have revealed.

Chancellor George Osborne broke the Treasury's own rules when introducing the Help to Buy scheme, according to a report by the House of Commons public accounts committee.

Chancellor George Osborne plans to allow the Bank of England to implement new measures to control accelerating house prices in the UK, as the property market shows signs of overheating.

The Chancellor is set to announce plans to clamp down on traders who manipulate markets, while establishing a review of how these markets operate.

Chancellor George Osborne is in danger of emulating Robert Maxwell "as a destroyer of pension savings" with plans for a retirement 'guidance guarantee', Tom McPhail has warned.

Dame Anne Begg has criticised the government for launching a major overhaul of the pension system without considering the long-term effect.