Pensions, savings and investments

The government is proposing to scrap the default retirement age of 65 by October 2011.

Many banks and building societies are failing to keep savers properly informed about changes to the interest rates on their accounts, comsumer group Which? has claimed.

The Treasury has issued nine consultation papers on various aspects of the personal and business tax system in what amounts to a far-reaching overhaul of the entire regime.

The UK tax system is be streamlined and made simpler in an effort to boost levels of investment in business, the government has announced.

Taxpayers are being reminded that the date for making the next set of self assessment tax payments will be arriving soon.

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