Employers hit with first escalating auto-enrol fines

Fixed penalty notices also increase in Q1.

65% unaware of changes to pensions death tax reforms

Advisers urged to reduce IHT bills through pensions.

Trade bodies call for OBR-style Pensions Commission

An independent pensions commission should both oversee the UK’s retirement savings, and make policy recommendations say a group of trade bodies.

Concern as just three providers sign up to pension governance standard

The Pensions Regulator slammed for failing to promote good practice.

Tesco Bank launches first range of 95% LTV products

Rates start from 4.49 per cent.

Treasury spends £37k on Pension Wise branding

The Government has spent £37,000 developing a “brand indentity” for new guidance service Pension Wise.

RBS reports £446m Q1 loss as forex costs bite

Bank has set aside £856m for litigation and conduct issues.