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Government Announcements

Spotlight - Government Announcements

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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State pension age consultation begins

The government is reviewing the state pension age to ensure it remains affordable and fair to everyone.

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Brexit round-up: Hard Brexit could cost £66 billion a year

Here is our latest round-up of the top Brexit-related stories this week.

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Government to form single financial guidance body

A single financial guidance service, delivering debt advice, budgeting and pension guidance will be set up by the government.

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Chancellor’s speech: business reaction

A round-up of the business reaction to Philip Hammond's speech at the Conservative party conference.

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National minimum wage increases

Workers earning the national minimum wage have seen their hourly wage rise by 25p to £6.95 as of 1 October 2016.

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Business rates revaluation set to be announced

The government has published its consultation document on the revaluation of business rates coming into force from 1 April 2017.

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Right to Buy helps 56,000 house purchases

Over 56,000 homeowners used the government’s Right to Buy scheme when purchasing their first home, according to the Department for Communities and Local Government.

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