Tag Archives: AA

Beware the reasonable Ralfe

John Ralfe has written an article on the problems highly paid NHS staff are having staying members of the NHS Pension Scheme. He has a number of remedies for the Doctors, most involve Doctors being able to swap pension accrual … Continue reading

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Why I’m for “patient capital”

‘Patient capital’ plan could unlock pensions savings limits https://t.co/Du4qIqcSs3 via @FT — Josephine Cumbo (@JosephineCumbo) November 24, 2017   I missed the consultation on “patient capital” but I’m pleased that it’s resulted in a proposal was put forward by an … Continue reading

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AA and LTA – a small price for the rich to pay.

  The Telegraph have unearthed some research that suggests that the average extra tax paid by the pension super-rich is £46,332. HMRC’s figures show that the total amount of tax paid by people whose pension savings rise above the lifetime … Continue reading

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Taper tantrums

  Not my phrase – Jo Cumbo’s.  Read her brilliant article on the travails of our super-earners who struggle to cram enough money into their pensions. The annual allowance taper can see a £40,000 pa annual contribution allowance diminish to … Continue reading

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The UK is saving too much…not! (guest blog from RALPH FRANK)

The Office for National Statistics released the latest Quarterly National Accounts during the Festive Season.  These Accounts, covering July to September 2015, reveal that the Savings Rate for households and non-profit institutions serving households fell to 4.4% over the quarter – … Continue reading

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Consistency and Simplicity (guest blog – Ralph Frank)

  The current UK pension taxation regime gives preferential treatment to Defined Benefit (“DB”) savers relative to Defined Contribution (“DC”) savers at both theAnnual Allowance (“AA”) and Lifetime Allowance (“LA”) levels.  The current taxation system is overly complex, with two … Continue reading

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In place of strife

As we contemplate the impact of industrial strife as the structural changes to pensions (and elsewhere) are rolled out, we need to be looking to the solutions that have worked. Perhaps this is one of them.
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Why do some workforces accept DB pension closure and some strike?

The members I spoke to …were not happy but at least they understood the corporate dilemma. It seems that over time they have reached a consensus that it is in their long-term collective interest to accept the proposed changes and move on without unrest.

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