Monthly Archives: March 2023
Labour vows to put the lid back on the pension pot.
Just when you thought it was safe to go back in the water…. NEW: Labour confirm they would reverse the decision to scrap the pensions lifetime allowance cap. They call it “the wrong priority, at the wrong time, for the … Continue reading
Can the Treasury make us all pension millionaires?
For the second time in a decade, the Treasury have pulled a pensions rabbit out of the Chancellor’s hat. This time they have offered tax-incentives to keep us working; incentives that allow us to think of retirement as future millionaires … Continue reading
Budget – Labour Market Measures – the facts / the spin
This is how the Government wants you to think about its labour market measures. Thanks to the DWP for forwarding. Spring Budget 2023 factsheet – Labour Market Measures In the Spring Budget we are setting out a package of measures … Continue reading
Workplace pensions may outgrow insurance platforms. but when?
Nico Aspinall had a conversation with me at yesterday’s Pension PlayPen coffee morning at which he likened occupational pensions to infants learning to ride a bike. The analogy was between walking with a life platform and cycling with a custody … Continue reading
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Tagged custody, L&G, NEST, Nico Aspinall, Pensions, workplace Pensions
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A budget for pensions that are “victims of their own excess”
Today is budget day and by lunchtime we will know whether the strong rumors that the Lifetime Allowance and Annual Allowance will be adjusted upwards are true. We will also know if the less palatable options around increasing the minimum … Continue reading
Would our Government bail out the depositors of a badly run bank?
Behind the phrase “moral hazard” which is being heavily used in relation to the Fed and SVB, is the question posed by the title of this blog. Full on capitalism allows poorly run banks to fail and tells depositors it … Continue reading
Metaphysical poet knows nothing about later-life caring – shock
This is a post retirement blog. It will appeal to those who believe in joint lives! The grave’s a fine and private place But none I think do their embrace When I was school, I was taught the metaphysical … Continue reading
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Solving the nastiest hardest problem in finance with Arun Muralidhar
Arun Muralidhar is a campaigner for turning pots to pensions and he is speaking on the adoption of his solution – the Retirement Security Bond (RSB) – in countries around the world. He has asked me to publish this … Continue reading
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Tagged Arun Muralidhar, NEST, Pensions, pots, Retirement, Stefan Lundbergh
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Back to school with Jeremy. The budget – work and pensions.
The FT is seldom wrong about these things. What changes in pension taxation there will be , will be targeted. Hunt will try to tackle the NHS staffing crisis by changing pension rules that are blamed for dissuading senior doctors … Continue reading
HSBC buys SVB UK for £1? What will the SVB collapse mean for pensions?
Things certainly move fast in the world of banking. The Federal Reserve made this announcement earlier this morning; Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will … Continue reading