Tag Archives: Treasury

Pension Freedoms need a Pension Dashboard

Posted on March 23, 2016 by henry tapper

Jo Cumbo asks how the Pension Freedoms are bedding down. I don’t have access to the big data of an insurer but I am 54 and am now only six months from my entitlement to blow my savings on whatever I … Continue reading →

Posted in Financial Education, First Actuarial, Pension Freedoms, pension playpen, pensions | Tagged , , , , , , , , | 2 Comments

A soft centered budget – (not as sweet as it sounded).

Posted on March 17, 2016 by henry tapper

Sterling’s a great indicator of how experts really see a budget and yesterday Sterling fell against a basket of major currencies. We may have liked our sugar tax and our Lifetime ISA but the pound fell against the dollar and … Continue reading →

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“Help to save accounts”- crumbs for the poor.

Posted on March 14, 2016 by henry tapper

  The Government is planning (according to the BBC) to spend £70m of tax-payers money incentivising those who are not in work (but trying to get a job) to build up an emergency kitty. These savings will be held in “help … Continue reading →

Posted in pensions, Treasury | Tagged , , , , , , , , , | 3 Comments

David Gauke on making tax digital

Posted on March 6, 2016 by henry tapper

    This is the transcript of a speech given  by David Gauke, the  Financial Secretary to the Treasury at the Armstrong Watson event: ‘Essentials of pensions, tax and payroll in 2016’ I think the RTI project one of the … Continue reading →

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Running Pension Policy – Snapchat Style!

Posted on March 5, 2016 by henry tapper

There are leaks and there are leaks, but this feels like the Treasury pulling the plug out with the bath full and ready! Take a look at the timeline of the Times’ story (12.01am); this is no idle tittle-tattle from the … Continue reading →

Posted in Pension Freedoms, pensions, Treasury | Tagged , , , , , , , | 1 Comment

The BBC-all at sea-on workplace pensions

Posted on February 25, 2016 by henry tapper

As you must be interested in pensions, it’s worth taking a couple of minutes this morning to listen to minutes 8-15 of Radio 4’s World tonight (downloadable as a podcast). It’s a well researched and well produced article with a … Continue reading →

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5 reasons why pension tax-relief should go!

Posted on February 19, 2016 by henry tapper

As a nation we cannot afford it (as part of a balanced welfare system) We are over-incentivising private pensions (compared with similar countries) Tax-relief is bloating the wealthy not helping the poor The influx of 11m+ new savers into AE (especially … Continue reading →

Posted in pensions | Tagged , , , , | 11 Comments

The golden key (to pension taxation)

Posted on February 13, 2016 by henry tapper

The golden key to pension taxation unlocks pensions for the silent majority of people in this country who have no interest in “pensions”. The golden key unlocks money currently spent incentivising the wealthy to preserve wealth and allows those who need … Continue reading →

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No way to run a private pension system

Posted on January 21, 2016 by henry tapper

  How can the lifetime allowance possibly be part of  a sustainable system of pension taxation? Good news for those unprotected pension savers who have more than £1m in your pension pots- you probably won’t be paying 55% exit penalties – … Continue reading →

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“A bit of a balls up- to be frank!”

Posted on January 20, 2016 by henry tapper

If you turn left out of the back of the Treasury and walk down to Caxton Street you’ll find the offices of the DWP. If you turn right out of Caxton Street, you’ll come to the Treasury, it’s a five minute … Continue reading →

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