NEST’s Guided Retirement Fund in the UK gets part of the way there by separating money according to its intended…
"As usual with The Times, this is a briefing about England & Wales only." I'm so old that I can…
"... Setting a glide path in retirement is ‘completely useless’ and equities investments should be held in a portfolio for…
The US tech bubble and the loss of traditional guidance is of concern but so are bonds in debt troubled…
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Tag Archives: Taxation
The market’s thoughts on taxes, budgets and pensions
Pensions feature prominently in the FT’s guess on John Healy’s thinking on budget taxes. Continue reading
Posted in pensions
Tagged Budeget, Chancellor, death and taxes, John healy, Pensions, Taxation, taxes
5 Comments
John Mather’s views on pensions and tax raising by this Government
Dan Niedle’s recent work explores what might happen but here is an analysis of what will come from John Mather. John Mather is a prodigious contributor to this blog. This morning he has posted this comment which deserves a post … Continue reading
Mandation – you ain’t seen nothing yet! Andy Haldane- for Andy Burnham?
You heard it first from Ros Altmann and Sharon Bowles in the House of Lords. Now it’s been passed to Andy Haldane who’s close to Andy Burnham as an “adviser”. What’s he planning for Britain via the HMRC and whoever … Continue reading
Posted in pensions
Tagged Andy Burnham, Andy Haldane, BOE, Mandation, Pensions, tax relief, Taxation
3 Comments
LCP on the the CDC Code of Conduct. Can CDC succeed if uncommercial?
TPR seeks views regarding amends to the CDC code to cover the authorisation and supervision of unconnected multiple employer schemes providing CDC benefits. It’s an important consultation. With a group of colleagues we have separately made a response and I will refer … Continue reading
“The payment of tax is voluntary” – a useful thought from Laurence.
This wonderful post from our new friend Laurence , explains that taxation is owned by the people who pay it. If they don’t feel they own it, they won’t pay it. Let us not let Laurence’s tee-shirt become a … Continue reading
Posted in pensions
Tagged Boston, Employment, Government, Laurence Field, pension playpen, Tax, Taxation, Treasury
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Putting members first. A proposal for the taxation of pension surpluses
My good friend “Pension Oldie” picked up on my blog yesterday about the pension surpluses currently being enjoyed by the trustees but not the sponsors or members of the BP and Shell pension schemes – and many more (mine included). … Continue reading
Claire’s pension tax headaches aren’t over!
I’ve been asked to write a case study on the issues people have as they approach retirement with well funded pensions and pension pots and plans put in place to combat the impact of the Lifetime Allowance (LTA). This is … Continue reading
Nice perk if you can get it! Pension Exclusion in the UK.
When Guy Opperman became Pensions Minister , he close to have the words ” financial inclusion” inserted into his title, now is the time for him to prove his title’s worth. According to Government statistics, there are 675,000 of us … Continue reading
Posted in advice gap, Big Government, pensions
Tagged Guy Opperman, National Insurance, pension, pensions, salary exchange, salary sacrifice, Taxation
5 Comments
Cridland and the price of state dependency
John Cridland’s consultation report into the state pension age, commissioned by Ros Altmann and delivered today, does not say quite what the modernisers wanted it to. Accelerated pension ages and the scrapping of the triple lock deliver a double … Continue reading
Posted in actuaries, advice gap, pensions
Tagged Cridland, dependency, John Cridland, pension, Pension Freedoms, pensions freedom, Personal Finance, Taxation
3 Comments
Is pressure building on financial services?
One test of populism will be the extent to which “populist” Governments take on the cost of saving and investing. We are used to “bank bashing”, they were the justifiable targets of public wrath for the savings and loans crisis, … Continue reading
Posted in pensions
Tagged Asset management, charges, costs, Government, Taxation, Technology, the FCA, The Pensions Regulator, Transaction costs
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In the states, certain retirement savings programs have unique "catch-up" provisions - where those whose income varies from year to…