Tag Archives: Osborne
“Help to save accounts”- crumbs for the poor.
The Government is planning (according to the BBC) to spend £70m of tax-payers money incentivising those who are not in work (but trying to get a job) to build up an emergency kitty. These savings will be held in “help … Continue reading
The late-pain robbery! (why pensions are still for the chop)
It’s been two weeks since the Treasury announced no change on pension tax-relief and everybody’s happy nowadays. The forestalling jamboree that had seen SIPP provider AJ Bell estimate £1.5bn flowing into wealth preservation schemes (sorry SIPPs) has been de-railed. We … Continue reading
Tax relief may be safe but our pensions aren’t
I wrote yesterday about the shock announcement from the Treasury that it wasn’t going to do anything about pension tax relief. Normally the Treasury does nothing about tax relief without telling us, which was great for financial advisers who saw a … Continue reading
Boris has spoken…
At around 4.45 on a windy Sunday afternoon, Boris shuffled onto a London pavement and delivered the news that he was supporting Brexit and joining Vote Leave. If you haven’t seen the clip (on the Sky news twitter … Continue reading
The golden key (to pension taxation)
The golden key to pension taxation unlocks pensions for the silent majority of people in this country who have no interest in “pensions”. The golden key unlocks money currently spent incentivising the wealthy to preserve wealth and allows those who need … Continue reading
The Treasury – the office of pension irresponsibility
The Treasury should be renamed the office of pension irresponsibility. It wants to milk pensions as the “new banks” and is acting as the political wing of the housing market. It talks fiscal prudence while pushing the bribes of March. For … Continue reading
Using your pension as a bank account.
Those “waking up to money” or to headlines in selected media (ahem!) will be gasping over their croissants at the headline. Is this a further raft of legislation ? You’ll be pleased to hear it isn’t! It is in fact … Continue reading
Don’t get fooled by the phoney pension giveaway
The phoney give-away The most accurate measure for the success of private pensions in the UK is the replacement ratio; a measure of what percentage of people’s pre-retirement income is replaced by savings specifically for retirement. Steve Webb and the … Continue reading