Tag Archives: HM Treasury
A Treasury that criticises regulators for not taking risk?
I am not a regular reader of Investment Week but maybe I should have. Here is the former pensions minister, now City Minister, telling an audience that they should stop sitting on their and their clients money and putting it … Continue reading
Posted in pensions
Tagged Business, DWP, Emma Reynolds, Employment, Financial services, Government, HM Treasury, pension, Treasury
3 Comments
Stephen Timms asks the PRA what they are up
Yesterday I wrote about a meeting between the regulatory sub-group of the Treasury Select Committee with members of the PRA and in particular Sam Woods, its Deputy Governor. On the same day that meeting was going ahead, Stephen Timms sent … 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
A Roadmap for Increasing Productive Finance Investment
A Roadmap for Increasing Productive Finance Investment We consider here the case for investment in less liquid assets and the current DC pension scheme landscape as set out in “A Roadmap for Increasing Productive Finance Investment”. We note first … Continue reading
Posted in pensions
Tagged chris sier, Con Keating, DWP, HM Treasury, Iain Clacher, Productive Finance
Leave a comment
A McCloud(ed) judgement where costs may be shared.
On the face of it , the McCloud judgement looks like a civil service cock-up on a grand scale, costing the Government billions in what were thought “saved” revenues and compensating civil servants who already have gold plated pensions for … Continue reading
Posted in actuaries, advice gap, pensions
Tagged HM Treasury, judgement, Mcleod, pensions, p[ublic purse
Leave a comment
HMRC and FCA complicit in the democratisation of villainy.
If the FCA want to get to grips with the problem of contingent (conditional) charging, they had better have a look at the taxation of advice and make changes in the Finance Act 2018 to the way we tax advice. First … Continue reading
Posted in accountants, advice gap, dc pensions, pensions
Tagged advice, democatisation, FCA, HM Treasury, HMRC, IFA, pensions, transfers, villainy
15 Comments
Is there any “challenge” to this Pension Dashboard?
I was invited yesterday to the Treasury’s “Challenge Panel” , held to discuss the proposals for the pensions dashboard, a prototype of which will emerge next month. Actually, I wasn’t invited – I went in someone else’s place. I went … Continue reading
Posted in pensions
Tagged ABI, challenge panel, Empowerment, HM Treasury, Pension Dashboard, Pension Freedoms, Treasury
1 Comment
No way to run a private pension system
How can the lifetime allowance possibly be part of a sustainable system of pension taxation? Good news for those unprotected pension savers who have more than £1m in your pension pots- you probably won’t be paying 55% exit penalties – … Continue reading
Posted in pensions
Tagged Business, DWP, Employment, Financial services, Government, HM Treasury, pension, Pension new, pensions, Retirement, Tax, Treasury
2 Comments
“A bit of a balls up- to be frank!”
If you turn left out of the back of the Treasury and walk down to Caxton Street you’ll find the offices of the DWP. If you turn right out of Caxton Street, you’ll come to the Treasury, it’s a five minute … Continue reading
Posted in pensions, Popcorn Pensions, Ros Altmann, social media
Tagged Business, Caxton House, communication, DWP, FCA, Google, HM Treasury, pensions, social media, Street Maps, Treasury, YouTube
Leave a comment