Tag Archives: HMRC

Don’t cash-out your pension #buildbackbetter !

This blog is about how we make sure we have enough cash to pay the bills (including the butcher’s bills) Cashing out pensions – the lure In its recent policy statement (P20/6), the FCA leaves two carve-outs (loopholes) for advisers … Continue reading

Posted in advice gap, age wage, Australia, auto-enrolment, pensions | Tagged , , , , , , | 1 Comment

Need help finding your national insurance number?

We need our national insurance number for all kinds of reason. It is our unique personal identifier and we often get asked for it for everything from finding pension pots to hiring a car. It appears on your payslip and … Continue reading

Posted in advice gap, age wage, Henry Tapper blog, pensions | Tagged , , , , | Leave a comment

Pubs or jobs?

Pubs This is daft, no one is being asked to patrol in Helmand Province or down the Falls Road, sleep in the mud of the Somme. Maybe it could herald an about-turn of the slump in pub life? Either way, … Continue reading

Posted in consolidation, coronavirus, pensions | Tagged , , , , | 1 Comment

Mothball or keep going?

Many small businesses are faced with a stark choice. Should they go into lockdown and effectively mothball what they have – for later reuse? Or should they move on and find a way to deliver some or all of their … Continue reading

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Three little pots went to market

The point of this blog is to show 1. One way of avoiding the damaging impact of the MPAA on future saving 2. The depth of knowledge needed to make good at retirement decisions (especially where there is no adviser … Continue reading

Posted in advice gap, age wage, Big Government, pensions | Tagged , , , , , , , , | 3 Comments

Dip into your pension at 55 and you could be “pension non grata”.

Most people know they can draw the money in their pension pot from 55, and because they can – they do. Very few sustainable drawdown plans are established by people in their fifties and very few annuities. 55% of annuities … Continue reading

Posted in annuity, pensions | Tagged , , , , , | 4 Comments

Right in principle – wrong in practice. Ros Altmann’s tax reforms need more work

  Ros Altmann is bang on the money when proposing we link healthcare and pensions in her most recent blog The big picture policy issue for the UK is how to afford a healthcare system that is free at the … Continue reading

Posted in advice gap, age wage, pensions, Retirement | Tagged , , , , , , | 2 Comments

HMRC – pay up on your pension promises!

I’m a member of the Net Pay Action Group and I’m going to hold this Government to the promise it made in the Conservative Party Manifesto. We have a “pre-cooked” way to stop 1.7m low earners being diddled out of … Continue reading

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What “fair pensions” might mean in the next five years.

  Jim Coney writing in the Times , explains his thinking on pensions tax-relief. He is right to point to the likelihood of major reform of the current system within the next 5 years. If the Conservatives are going to … Continue reading

Posted in pensions, Treasury | Tagged , , , , | 2 Comments

Jo’s pension manifesto

Sometimes someone comes out with a simple statement that makes sense of all the noise. Jo Cumbo launched her pension manifesto in the pages of Pensions Expert this week and I don’t want them to be lost to readers of … Continue reading

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