McVey replaces Gauke as Work and Pensions Secretary

Former deputy chief whip Esther McVey MP has been appointed Work and Pensions Secretary, replacing David Gauke who is moving to the Ministry of Justice after less than seven six months in the job.

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Pension schemes face £50k fines for failing to publish fees

The DWP will fine pension schemes up to £50,000 if they fail to disclose their fees and charges from April, the DWP announced in a package of proposals today.

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Time’s up for offshore tax dodgers - HMRC crackdown announced

Offshore tax evaders and the professionals who enable tax evasion will face even tougher sanctions, it was announced this morning. Read more...

Savings body calls for new third type of ISA

The Tax Incentivised Savings Association has called for the Treasury to press ahead with a proposal to create a new third kind of ISA. Read more...