Tag Archives: Treasury
Cost disclosure for investment trusts – Treasury takes charge
Following Ros Altmann and Sharon Bowles assault on the misinterpretation of EU regulation over investment trust cost disclosure, I understand that the matter was also discussed in the House of Commons , drawing this comment on linked in. Investment … Continue reading
Posted in pensions
Tagged Investment companies, Investment trust, Pensions, Treasury
Leave a comment
“No use crying over pensions” – Arun Muralidhar’s DC reset.
SeLFIES (Standard-of-Living indexed, Forward-starting, Income-only Securities). The SeLFIES bond is a single, liquid, low-cost, low-risk instrument, easy-to-understand for even the most financially unsophisticated individual, because it embeds accumulation, decumulation, compounding and inflation-adjustments. SeLFIES is good for governments too, as the … Continue reading
Stephen Timms asks the PRA what they are up
Yesterday I wrote about a meeting between the regulatory sub-group of the Treasury Select Committee with members of the PRA and in particular Sam Woods, its Deputy Governor. On the same day that meeting was going ahead, Stephen Timms sent … Continue reading
A Treasury pension intervention that’s not about tax
No wonder Laura Trott has been quiet on private pension reform lately, she has a megaphone rather better than Big Zuu A central plank of the reforms that will be unveiled tonight by Jeremy Hunt will be the VFM Framework … Continue reading
Will private markets raise returns on our pension savings? The case is ,as yet, unproven
The cynical view is that having run out of runway on the private finance initiative, the Government has turned to pensions to finance the transformation of UK infrastructure and fund the growth needed in companies that can make a difference … Continue reading
What does the Government really have in mind for the PPF?
As the FT reported yesterday, the Treasury appears to be mulling over breathing fire back into DB by converting the PPF into a means for the sponsors of small and struggling DB schemes to offload their schemes. This would mean … Continue reading
Top lawyer warns against precipitous action over LTA (shock)
Rosalind Connor’s presentation and Q&A on the taxation changes to pensions in this year’s Finance Bill make for a good watch. As usual we’ve made the session available to those who couldn’t make it yesterday – and it was great … Continue reading
Why special pleading on the MPAA brings “pensions” into disrepute
In a letter to the Treasury ahead of this month’s Budget, more than a dozen companies, including leading pension groups and trade associations, have urged ministers to change the rule that governs how much can be saved into a pension … Continue reading
The mass affluent , the MPAA and the cost of living.
The Money Purchase Annual Allowance (MPAA) is often cited as a vindictive tax that punishes people for exercising their pension freedoms and drawing down on their pension pot from as early as 55. It was however introduced to protect … Continue reading
Posted in pensions
Tagged AJ BEll, annual allowance, DWP, HMT, mass-affluent, MPAA, Treasury
Leave a comment
Opperman and Stride give pensions a dream result.
Social media never sleeps 20.06: Guy Opperman appointed MoS at DWP This announcement had yet to appear on the Government’s Ministerial website , the headline is from Order Order – the unofficial news channel for the Westminster Village, Breaking news came from … Continue reading
Posted in pensions
Tagged DWP, Guy Opperman, LDI, Mel Stride, Pensions, politics, Steve Webb, Treasury
Leave a comment