Tag Archives: Treasury

Have Pensions had such good ministers and advisers in Parliament? HMT, DWP and beyond look sorted.

I am pleased to see the junior ministers appointed by Andy Burnham yesterday. I have included all that are new, those who are reappointed and those who are gone in this blog   It tells good news for the House … Continue reading

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Healey is back in No 11, we wish him an easier ride than Denis- a predecessor

One Minister collects our taxes while the other pays them back; can you tell who is who? I must be careful to get our ministers right. The Chancellor the Exchequer has the red tie , while the SOS of DWP … Continue reading

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John Mather’s explanation of how the wealthy have moved away from pensions

The crazy world of freedom from pensions evolved as John Mather describes. I agree with this as a factual explanation of how we got to where we are now.  – ed (Henry Tapper) John Mather’s explanation of how we’ve moved … Continue reading

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Labour Partially U-Turns on Promised Reforms in Leasehold Bill

Wow. Something is happening in our politics. From Zack Polanski on the left to Guido Fawkes on the right, there’s growing agreement: leasehold must be abolished. Free the land. Free the people. So why are The Labour Party siding with … Continue reading

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We are planning for pensions to fail and that is not a way for Britain to grow,

This appears in Mary McDougall’s timeline for her recent posting, I guess it was two months ago that this snippet appeared and I missed it but it seems rather more important since the Aberdeen/Stagecoach Pension deal. There is a future … Continue reading

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Why are investment trusts excluded from the Pension Schemes Bill?

William MacLeod Speaking in the House of Lords today during the Pensions Schemes Bill second reading both Baroness Ros Altmann and Baroness Sharon Bowles , asked a very simple question: Why have listed investment companies been excluded from the Bill? … Continue reading

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The PPF is waggling its tail at what it can do with a spare £14.1bn

The PPF has a smile on its face The lifeboat fund has proposed maintaining a zero PPF levy for conventional defined benefit schemes, having confirmed in September it would not charge a levy for 2025/26. The PPF confirmed its current reserves alongside … Continue reading

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£2bn pension tax-but? Broad shoulders shudder!

I reported yesterday on FT’s concerns on leaks from the Treasury that they might take salary sacrifice down, or at least dismantle it to a point that it no longer became a tax-break for the wealthy. You can read what … Continue reading

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“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

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We don’t need austerity, we need to invest and grow

  Martin Woolf has produced an econium to growth and posted it in the FT. People care about their standard of living. Democracy is simply far stronger if it is possible for everybody to become better off. Growth provides that. … Continue reading

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