Tag Archives: LTA

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

Posted on January 7, 2020 by

  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

Beware the reasonable Ralfe

Posted on March 11, 2019 by

John Ralfe has written an article on the problems highly paid NHS staff are having staying members of the NHS Pension Scheme. He has a number of remedies for the Doctors, most involve Doctors being able to swap pension accrual … Continue reading →

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Why I’m for “patient capital”

Posted on November 24, 2017 by

‘Patient capital’ plan could unlock pensions savings limits https://t.co/Du4qIqcSs3 via @FT — Josephine Cumbo (@JosephineCumbo) November 24, 2017   I missed the consultation on “patient capital” but I’m pleased that it’s resulted in a proposal was put forward by an … Continue reading →

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AA and LTA – a small price for the rich to pay.

Posted on September 24, 2017 by

  The Telegraph have unearthed some research that suggests that the average extra tax paid by the pension super-rich is £46,332. HMRC’s figures show that the total amount of tax paid by people whose pension savings rise above the lifetime … Continue reading →

Posted in pensions | Tagged , , , , | 6 Comments

Taper tantrums

Posted on April 2, 2017 by

  Not my phrase – Jo Cumbo’s.  Read her brilliant article on the travails of our super-earners who struggle to cram enough money into their pensions. The annual allowance taper can see a £40,000 pa annual contribution allowance diminish to … Continue reading →

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I’m nearly 55 – here’s what I’m doing for myself!

Posted on July 30, 2016 by

In this blog, I want to share with you my DIY approach to organising my finances as I approach 55. 55 has become an important year as it is the point when you move into what can best be called … Continue reading →

Posted in pensions, Retirement, reward, welfare | Tagged , , , , , , , , , | 5 Comments

The UK is saving too much…not! (guest blog from RALPH FRANK)

Posted on January 7, 2016 by

The Office for National Statistics released the latest Quarterly National Accounts during the Festive Season.  These Accounts, covering July to September 2015, reveal that the Savings Rate for households and non-profit institutions serving households fell to 4.4% over the quarter – … Continue reading →

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Consistency and Simplicity (guest blog – Ralph Frank)

Posted on May 21, 2015 by

  The current UK pension taxation regime gives preferential treatment to Defined Benefit (“DB”) savers relative to Defined Contribution (“DC”) savers at both theAnnual Allowance (“AA”) and Lifetime Allowance (“LA”) levels.  The current taxation system is overly complex, with two … Continue reading →

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Dear Government- “Five do’s, five don’ts” – #pensions

Posted on May 4, 2015 by

For those slipping quietly into retirement in the UK the political promises are about the revaluation of your state benefits, the payment of your winter allowance and the tax treatment of your savings and income. Whatever you have done or not … Continue reading →

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Why Osborne’s so wrong to cap our pension ambition.

Posted on March 30, 2015 by

I wanted to know the amount I would earn if I started on £25,000 when I was 25 and got steady wage rises of 5% pa till I was 65. The answer, according to this little modeller , is just over … Continue reading →

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