Tag Archives: Wealth

Time to stop kidding ourselves about wealth

Posted on December 11, 2023 by henry tapper

The UK wealth management business sets the bar of “wealth” too low and misleads the mass-affluent into believing they are what they are not- wealthy. In doing so, they offer products and services which are out of their customers financial … Continue reading →

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A stealthy wealth tax – outed by LCP

Posted on July 20, 2023 by henry tapper

The Treasury has proposed that pensions will be taxed where the saver dies before age 75. This is how the Treasury introduce the idea Schedule 32 sets out that the payment of an UFLSDB or DBLSDB is a BCE where the member dies under age … Continue reading →

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The curse of wealth (and the pleasure from income)

Posted on December 6, 2020 by henry tapper

The purpose of money is to pay for things that are needed. The definition of need varies but the link with liability is strong. For most people , the fear of not being able to pay for things we need … Continue reading →

Posted in advice gap, age wage | Tagged , , , , | 1 Comment

Could a wealth tax fix our broken economy?

Posted on July 3, 2020 by henry tapper

Britain is broke, for the second time in 12 years our economy has hit the buffers but this time the noises coming out of Government suggest that it is the wealthy who will pay to fix it. This would be … Continue reading →

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A progressive way to talk about pensions

Posted on December 27, 2019 by henry tapper

A progressive approach to workplace pensions Yesterday I talked about the importance of reporting, both to and from employers. Employers want to understand how their workplace pension is working and savers want to know how their money is doing. The … Continue reading →

Posted in Payroll, Pension Freedoms, pensions | Tagged , , | 2 Comments

The nations wealth is in pensions but not in DC pots

Posted on December 8, 2019 by henry tapper

Private pension wealth is the largest component of household wealth, marginally bigger than total property wealth, and its value has increased by more than that of property wealth too. This reflects a slight cooling in the housing market, while the … Continue reading →

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Happy being part of the crowd!

Posted on July 26, 2019 by henry tapper

Robin Powell – the evidence based investor – has produced a very simple explanation of why the valuations of stocks are 90% right. You can read it here. It’s based on the ask the audience responses to who want to … Continue reading →

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Pre-budget apprehension

Posted on October 26, 2018 by henry tapper

There is nothing like the threat of losing a tax-break to get people to value it. The Annual Allowance is under threat, so the Money Purchase Allowance, there are some still worried about higher rate tax-relief on contributions. In my … Continue reading →

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So what’s unfair about a Pension Wealth Tax?

Posted on October 9, 2018 by henry tapper

In this article I argue that any tax increases levied on the rich are ok by me, and I’m rich. The bias of vested interest The vast majority of people get tax relief on their pension contributions. Some people are excluded by … Continue reading →

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Houses are for living in – pensions are for life! An answer to financial economics.

Posted on August 17, 2018 by henry tapper

“the river of private pensions in the UK will only get shallower as it widens out to include so many more of us”  – Steve Bee Steve’s metaphor is so precise, so visual and so elegantly conveyed that this quote … Continue reading →

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