The government has introduce a second finance bill today which will reinstate many of the changes dropped before the general election including the controversial cut to the Money Purchase Annual Allowance.

An increase to probate fees which was branded by critics as a “stealth death tax” has become one of the early victims of the snap election.

Employers have been urged by the Government not to overlook hiring staff who are nearer retirement age.

More must be done to lift perceptions of the Financial Planning and advice profession, the PFS says, after a former Pensions Minister said the Government doesn’t understand what advisers do.