Thanks. "The crucial difference, however, is that the ISA withdrawal is not a loan." As the two article links confirm,…
www.nber.org/system/files/working_papers/w32828/w32828.pdf While there is good evidence for automatic escalation in the US, it is not as powerful as its advocates…
"To what extent do minimum AE contributions need to increase? It would be good if everyone had contributions into DC…
Except they’re not saving into a pension, Minister unless we convert all those pots to CDC and give them what…
Tag Archives: IHT
Pensions don’t lead to inheritance tax for anyone – it’s the pots that are the problem
There are now four ways of avoiding inheritance tax with your pension pot (s) you’ve saved over your work career If you are within a year of joining a public service* pension you can swap your pot for pension based … Continue reading
Posted in pensions
Tagged annuity, CDC, Collectivve Pension, DB, IHT, inheritance tax, LGPS, Pensions, Policy, public sector, Tax
5 Comments
The horror of letting the taxman take your unspent pension pot!
I have swum in a pool where mournful pensioners refill the water level with their tears. Bless Steve Hunt and all the others in that swimming pool. Open the article for page after page of indignation at the treasury’s designs … Continue reading
The greatest pension issue is “adequacy” not “legacy”.
This is an interesting viewpoint. Tomorrow I’ll be speaking to a group of people for whom pensions has nothing to do with inheritance tax and everything to do with replacement rates or as my colleague Terry Pullinger calls a pension … Continue reading
IHT issues for the dying, their pension administrators and personal representatives
While this blog has been in favour of the Treasury discouraging using pension pots to mitigate Inheritance Tax , it is worried by the latest note coming out of the Treasury’s HMRC. The HMRC has published further detail on good … Continue reading
“Pension wealth” is subject to “EET” – exempt, exempt – but taxed when spent!
Jo Cumbo in an excellent article charts the complexity to the rich of having money as “pension wealth”. The furore over IHT over pension “wealth” is a belief that for the rich, pensions were “EEE”, not “EET” as they are … Continue reading
Pensions and IHT – Really?
Here’s yesterday’s Pension PlayPen’s Coffee Morning – an ardent discussion on IHT and Pensions. Here is the video to go with it Click the disclaimer to watch the slides live or download the slides from this link. iht-on-pensions-really-pp-17-03-2026-pdffrom Henry Tapper
IHT on Pensions…today (Tuesday) 10.30 – entry here
Coffee Morning – IHT on Pensions…REALLY!!! CPD included Type – Teams Online When – Tuesday 17th March at 10:30am You are cordially invited to attend our next Coffee Morning. At this event we are delighted that Mark Plewes from WBR Group … Continue reading
IHT on Pensions…tomorrow (Tuesday) 10.30 – entry here
Steven Goddard CEO Pension Playpen Coffee Morning – IHT on Pensions…REALLY!!! CPD included Type – Teams Online When – Tuesday 17th March at 10:30am You are cordially invited to attend our next Coffee Morning. At this event we are delighted that … Continue reading
Inheritance tax will apply to pensions from April next year
LCP have done more than any other consultancy to ensure the process of collecting IHT when due from pensions is fair and given time. Thanks to the Lords and Baroness’ who contributed The Executive summary between pages 3 and 5 … Continue reading
Posted in pensions
Tagged Alasdair Mayes, IHT, LCP, Pensions, Steve Webb, SteveWebb, Wealth
Leave a comment
Peers terrified of IHT on pensions when they die.
The House of Lords appears to be fighting a rearguard action to keep the wealthy wealthy if they choose to keep their pension savings in “pots”. Of course many rich people chose to take their pensions into pots in the … Continue reading
I did not find this , Torsten's most impressive work (not sure it was his). But it at least remind…