Tag Archives: SteveWebb
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
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59k more claiming Pension Credits is a success for DWP
This blog refutes the argument that pension credit take up increase is bad news for the country. We should be really pleased! Clearly there are idiots out there who claim to be “analysts” and therefore right, but are bigots who … Continue reading
For grown up pension debate – you don’t need to go to Manchester
The CISI is running an event this Wednesday (25th October )which has the most extraordinary agenda and a magnificent speaker line-up that I doubt will be equaled this year. The debate the PLSA ducked Pensions has been one of … Continue reading
Posted in pensions
Tagged CISI, Harriett Agnew, John Kay, Mervyn King, Pensions, Risk, Robert Laslett, SteveWebb
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“Correcting the biggest avoidable UK public policy failure of recent decades”
The CISI is running an event on Wednesday 25th October which has the most extraordinary agenda and a magnificent speaker line-up that I doubt will be equalled this year. Pensions has been one of the biggest avoidable public policy … Continue reading
Posted in pensions
Tagged CISI, Harriett Agnew, John Kay, Mervyn King, Pensions, Risk, Robert Laslett, SteveWebb
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Give me freedom from this pension freedom!
Here is a snip of information that has shocked and outraged many pension commentators. I will start with some simple advice from the Low Income Tax reform Group (LITR) You may be able to draw money out of your money … Continue reading
Posted in pensions
Tagged CDC, eventual annnuities, HMRC, LITR, SeLFIES, SteveWebb, Tax
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IFS found touching our unmentionables (hands off our tax-free cash)
“Fiscal purity is admirable – but” Steve Webb, himself once a pensions provocateur at the Institute of Fiscal Studies draws his red lines between his current and former employer! In this article I look at what happens when the sacred … Continue reading
Posted in pensions
Tagged holy cow, IFS, Noli me tanger, SteveWebb, unmentionable, untouchable
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Is the “Flex first – Fix later” a retirement income product (or just an idea)?
I chaired Phil Boyle’s presentation at the Pension PlayPen coffee morning on Tuesday (19th Sept). It was memorable, mainly for Phil’s measured and good humoured explanation, but for a sense among those asking questions, that we might be seeing the … Continue reading
Thoughts on the triple lock
There’s no doubt that the unwinding of the furlough presents the Treasury with a technical problem with the triple lock. You can read the details here But that does not mean that the pensions industry can consider the state pension … Continue reading
Posted in auto-enrolment, pensions, self-employed, steve webb
Tagged ft, jo cumbo, pensions, state pension, SteveWebb, Triple-Lock
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All plans off for DB funding proposals
I’m sorry to have missed the FT’s DB funding debate, it sounds like a lively affair! Mercer, the professional services firm, last week estimated the aggregate accounting deficit for DB schemes for the UK’s 350 largest listed companies was £52bn … Continue reading
Posted in actuaries, advice gap, Blogging, dc pensions, de-risking, defined ambition, DWP, pensions
Tagged DB, DB funding, DB pensins, DWP, ft, John Ralfe, SteveWebb, TPR
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If not CDC – what?
CDC – flawed in conception Steve Webb told me that when he spoke with Andrew Young, the former Government Actuary for the DWP, Andrew advised him to “think big”. Steve did and he will be remembered not just for the … Continue reading