Tag Archives: reform
Why yesterday was a good day for Mansion House reform.
Laura Trott’s promotion to Chief Secretary to the Treasury in today’s reshuffle is the latest marking point in her rapid political rise. The Sevenoaks MP has been in Parliament for less than four years – having first been elected at … Continue reading
DB surpluses are not “the golden opportunity” of the Mansion House reforms.
WTW (as we now must call Willis Towers Watson) have identified the use of surplus as conclusive to the WTW perspective ( a four page PDF which finishes with this call to action). It would have been as unimaginable for … Continue reading
Steve Webb – “what is the Government trying to do?”
Speaking with considerable modesty, Steve Webb addressed the Pension PlayPen the morning after the night of the Mansion House Speech. Although not at the event in person, he was there in spirit , referenced by Jeremy Hunt in his speech … Continue reading
An illustrated guide to the Mansion House Reforms
Treasury claims Chancellor’s Mansion House Reforms to boost typical pension by over £1,000 a year* *not a financial promotion This is the text the Government released in advance of Jeremy Hunt’s Mansion House speech.in which he will launch his “Mansion … Continue reading
Labour vows to put the lid back on the pension pot.
Just when you thought it was safe to go back in the water…. NEW: Labour confirm they would reverse the decision to scrap the pensions lifetime allowance cap. They call it “the wrong priority, at the wrong time, for the … Continue reading
Pension incentives – a foundation for change.
Looking for some help on this one. I appreciate it could be both but if it’s a binary choice, which one do you go for? Thanks Is pension tax relief meant to be… — Tom McPhail (@PensionsMonkey) February 3, 2020 … Continue reading
Tom McPhail – “the Thunderer’s thunderer” #pensions #tax #relief
Sir, The government should abandon its attempts to find a quick fix to the pension allowance taper problem affecting high earners including doctors and judges (“Pension tax windfall for top earners”, Jan 16, and letter, Jan 17). The pension tax … Continue reading
Pension Tax Reform is the “art of the possible”.
Everyone knows that pension tax-relief is broken and those who try to cling on to the current system do out of vested self-interest (and I include one former pensions minister in that statement). Wealth managers have come to view … Continue reading
Posted in advice gap, pensions, Treasury
Tagged Budget, HMRC, Nicky Morgan, pensions, reform, Tax, Treasury, Treasury Select Committee
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“CDC’s about improving DC” – Con Keating
This essay compliments my blog this morning. Con Keating is the author of this blog – our thinking is coincidental, though our manner of expressing it – is not! In all of the discussions of the minutiae of the … Continue reading
Posted in CDC, pensions
Tagged CDC, Con Keating, pensions, reform, workplace Pensions
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Reaching the places advice cannot reach
Only a handful of pension providers have adapted their systems to allow people to use the Pension Advice Allowance. The pension advice allowance, introduced in April, allows pension savers to take £500 tax-free from their retirement funds to help … Continue reading