Business owners “crave stability” on tax and have urged the Government not to further tinker with pensions, a survey of more than 160 companies found.

MPs have called for the Government to act rapidly to avoid “the next major pensions mis-selling scandal” as they criticised the failure to get the pension freedoms working sufficiently and a lack of information about Pension Wise.

A petition calling on the Government to reconsider dividend tax credit changes has gained 31,448 signatures.

A leading pensions analyst has welcomed the abandonment of what he branded the “perverse policy” of pot follows member.