Yes, follow-up on the many benefits of Auto-Enrollment with the benefits of Auto-Consolidation, with opt-outs again for the sophisticates who…
The great advantage of a DC pension controlled by the beneficiary is complete control over the cash flows during decumulation…
"Pensions that are linked to salaries and/or inflation pensions are largely extinct in the private sector because they are unaffordable."…
bp’s Code of Conduct states “Do the right thing” and “Be accountable and “We follow through on our promises.” Well…
Tag Archives: Budget
David Robbins on the budget – as good as it gets for pension folk
No comment needed – an hour of excellence – thanks David
David Robbins on how we know nothing’s happening on auto-enrolment
Pension PlayPen Post budget “blues” & will Schemes/Savers “Buy British”? Tuesday 12 March at 10.30am Next week, we will be joined by WTW Towers Watson’s David Robbins to discuss the Budget including its proposed successes (and its failures)! Will … Continue reading
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
An autumn statement for Britain – not the Tories.
Today Jeremy Hunt will stand up and tell us his plan for getting Britain out of the shit, or at least for moving the shit around so that we all get some of the smelly stuff and it doesn’t … Continue reading
Loosening the pension charge cap
This move will enable your #pension scheme to invest more widley to help ‘build back better’. The deal is you may pay higher charges with no guarantee of higher returns. https://t.co/dBkJoXhFsT — Josephine Cumbo (@JosephineCumbo) October 27, 2021 Plans to … Continue reading
Was that “do-nothing” budget good or bad for pensions?
We are naturally conservative, resisting change while demanding improvements. We cannot have it both ways! Maintaining the status quo – as yesterday’s budget did, will please those who hate tinkering but displease those who see the current system as broken. … Continue reading
Pre-budget apprehension
There is nothing like the threat of losing a tax-break to get people to value it. The Annual Allowance is under threat, so the Money Purchase Allowance, there are some still worried about higher rate tax-relief on contributions. In my … Continue reading
Posted in annuity, cliche, pensions
Tagged Batten down the hatches, Budget, budget2018, pensions, SEIS, Wealth
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Pension Tax Reform is the “art of the possible”.
Everyone knows that pension tax-relief is broken and those who try to cling on to the current system do out of vested self-interest (and I include one former pensions minister in that statement). Wealth managers have come to view … Continue reading
Posted in advice gap, pensions, Treasury
Tagged Budget, HMRC, Nicky Morgan, pensions, reform, Tax, Treasury, Treasury Select Committee
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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
Posted in advice gap, pensions
Tagged AA, Budget, LTA, Nigel Wilson, Patient Capital, social purpose
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The half completed bridge – pension tax reform.
Today is Budget Day, though you wouldn’t know it! It’s a kind of side-issue when mainstream news is dominated by Trump’s latest antics and speculation over BREXIT. There was a time when the Pension world would be … Continue reading
Posted in pensions
Tagged #budgeday, Budget, pensions, Philip Hammond, Tax, tax relief
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"falls in contribution rates have begun to emerge" The LGPS Survey 2026 undertaken by Room 151 in association with Schroders…