Extending time horizons can ease short-term funding pressure, but it shifts risk toward younger members. Reform should make those intergenerational…
I've just come across this letter from Smithers, covering DB pensions in general and the USS in particular. https://smithers.co.uk/extending-the-liabilities-time-horizon-is-key-to-pensions-reform/
Great. A chance to nit-pick something from Steve Webb. The Married Woman’s Option finished in 1977, not 1978. SERPS was…
I was told by the Pensions Service, that if I divorced my husband before I retired, I would get a…
Tag Archives: Tax
More whingeing from the wealthy about pension taxes
The FT moaning this morning that Labour has forced tax free cash out of pensions. That’s before any tax charges have hit- Lord knows what outrage would happen if they seriously reduced tax-perks for those saving for a pension.
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Opperman sees growth for Britain by incentivising pension funds with tax-breaks
Guy Opperman is a very good commentator on politics and here he is reporting on the prospects from a pension. He is a conservative politician trying to be balancing. On this pod he is in the company of people who … Continue reading
Posted in pensions
Tagged Budget, EIS, Guy Opprman, Pensions, Scale Ups, Start ups, Tax
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This problem isn’t over for 5m leased households – TILL ANDY BURNHAM TAKES ACTION.
Yesterday, late on Friday afternoon the Directors of the leasehold management company of 5 and 6 Friar Street sat down to discuss how we could manage our property. We would have liked to have done so as the owners of … Continue reading
Posted in pensions
Tagged Andy Burnham, Angela Rayner, Harry Scoffin, leasehold, Pensions, Tax
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Pensions don’t lead to inheritance tax for anyone – it’s the pots that are the problem
There are now four ways of avoiding inheritance tax with your pension pot (s) you’ve saved over your work career If you are within a year of joining a public service* pension you can swap your pot for pension based … Continue reading
Posted in pensions
Tagged annuity, CDC, Collectivve Pension, DB, IHT, inheritance tax, LGPS, Pensions, Policy, public sector, Tax
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A solution for the gender pension gap from LCP
There is an interesting idea floated by Steve Webb off the back of last week’s excellent article of the impact of getting divorced when close , at or beyond retirement The idea is simple and plays nicely to the worry … Continue reading
The horror of letting the taxman take your unspent pension pot!
I have swum in a pool where mournful pensioners refill the water level with their tears. Bless Steve Hunt and all the others in that swimming pool. Open the article for page after page of indignation at the treasury’s designs … Continue reading
Being all things to everyone’s annoying – Aon should not annoy DWP/HMT
This was a week when Aon brought employers “all things to all private sector employers” All private companies run workplace pension schemes so Aon run a product for every pension saver. The net accessible market for Aon is every employer … Continue reading
Tom Selby’s sensible advice to the new Chancellor over tax-free cash
We are twelve years on from the announcement we could spend our pensions as we liked. We thought that people cashing in their pensions was something that might happen in the early years and that over time encashment with its … Continue reading
When taxation is retroactive it will change behaviour. Be careful with envy focused legislation promote real solutions to British poor…