Tag Archives: financial inclusion
Not a budget for financial inclusion
The cost of employing people on low wages has just rocketed. Few employers should begrudge paying a higher minimum wage but the cost of paying 15% as an employment tax on earnings between £5,000 and £9,100 is £615. This is … Continue reading
Pension saving’s excluded from financial inclusion
I’m delighted to share our Financial Inclusion Commission report and ask of our new Government… @ChrisStephens @stephenctimms @HelenMorganMP @JustinTomlinson @UKVRA @SMcPartland @henryhtapper @citylordmayor @JustinWelby @LordChrisHolmes @JimBethell @in_nominate @Tanni_GT https://t.co/R8voUDj2Ug — Johnny Timpson (@johnnytimpson1) June 17, 2024 I gave this list … Continue reading
The politics behind extending auto-enrolment
Yesterday the TUC conference discussed widening the scope of auto-enrolment to include the self-employed, the youngest workers and those on low incomes within the financial net of auto-enrolment. Yesterday UBER finally admitted that it controlled its workers to a degree … Continue reading
Who pays for us doing nothing? Pension schemes and the poor!
Crikey, that’s some chart. But, what does it mean for future of credit etc? 1. Those who are attractive to lend to don’t need or want credit 2. Those who need credit most are not attractive to lend to. This … Continue reading
Posted in advice gap, age wage, de-risking
Tagged credit, credit cards, de-risking, financial inclusion, Furlough, poor, TPR
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Guy Opperman – we want you to stay
I first met Guy Opperman at a TPAS function when he gave my company First Actuarial a commendation for the work it had done on financial education. It was one of the first times he had spoken as the … Continue reading
Posted in advice gap, age wage, pensions
Tagged financial inclusion, Guy Opperman, Pensions Minister, TPAS
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