Tag Archives: Labour

Labour’s private equity tax puzzler

It’s a rich person’s problem how to minimise tax. Private Equity managers are rich and they stay rich by managing their tax affairs, as they are entitled to , by using non-dom tax concessions and having their revenue taxed as … Continue reading

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

Is Labour closer to Conservative than Union pension policy?

    Much as both the Unions and the Labour Shadow Front Bench would like the answer to that question to be “yes”, it is infact “no”. The Trade Unions are pursuing a public sector agenda that focusses on LGPS, … Continue reading

Posted in pensions | Tagged , , | 2 Comments

What are Labour going to do about pensions?

  If there is a Labour Pensions Agenda for the next Government ,  I haven’t seen it yet . But I have seen the TUC’s agenda for the Trade Union Pension Conference today and it doesn’t look like this. It … Continue reading

Posted in pensions | Tagged , , , | 3 Comments

Labour’s “securenomics” spell Long Term Assets not Life Time Allowance

If Edmund Truell had been the next Labour Chancellor (unlikely), I would have expected him to have produced a pension policy paper called “Financing Growth”. Four years ago, as the Labour party recovered from one of its worst election defeats, … Continue reading

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

Reeves’ bold plans for pensions will challenge the ABI

Rachel Reeves is proposing to shake up Britain’s pension system as part of a three-pronged plan aimed at boosting the economy’s sluggish growth rate if Labour wins the next election. The shadow chancellor wants more of the money saved for … Continue reading

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

Is Labour ready to manage the pensions brief?

It has been so long since the Labour party had a pensions campaign that I can remember that I had almost forgot they existed. Jonathan Ashworth has exited stage right and is being replaced by Liz Kendall as shadow work … Continue reading

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

Polls lie – votes don’t – why did we vote this way?

The people of England voted against the Conservatives on Thursday – they were unified in that. Those people were not so clear about the alternative, Labour picked up over 500 seats lost, the Liberals over 400 and the Greens close … Continue reading

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

Labour should pick its fights – capping people’s pensions should not be one of them

Labour says re-instating the #pensions lifetime cap would be prudent for the nation’s finances. via @telegraph https://t.co/Q0j0P07OtU — Josephine Cumbo (@JosephineCumbo) April 23, 2023 There are many things wrong with our pensions system, but removing a cap on people’s pensions … Continue reading

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

Pension risk sharing – a bright idea for Labour

It is now 25 years since this country was introduced to “stakeholder economics” – the concept that Government could engender a more friendly form of capitalism where profits were shared more equitably between stakeholders – including workers and consumers. This … Continue reading

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

Downing Street’s three pension interventions this century.

Intervention one – The Turner Commission. It is useful from time to time to revisit the work of Adair Turner’s Pension Commission which first reported in 2004. 18 years on the generation it considered “young” are now approaching the “normal … Continue reading

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