Tag Archives: Wealth
2030 and all that ..the income, wealth and pension strategy delivered to time
For those who like this kind of gesturing, the 2023 report by Torsten Bell’s Resolution Foundation (reporting on how to get Britain out of stagnation) has been marked the Economy 2030 Inquiry 2030 is also a staging date for the … Continue reading
Posted in pensions
Tagged Budget, Income, Pensions, Rachel Reeves, Tax, Torsten Bell, Wealth
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In finance, HENRY ‘s for High Earners, Not Rich Yet. In Life , Richness doesn’t come from money
I have two people keen on reminding me why I may be less wealthy than I ought to be! I hadn’t meant to complain about my current state but clearly I have opened the door to those advocating self-improvement. Stay … Continue reading
Wealth taxes: high risk, unworkable and anti-growth
Dan Neidle sends me Tax Policy Associates thinking on tax Subscribe here for more A UK wealth tax is often promoted as an easy revenue-raiser that would only affect the very rich. Our analysis finds the opposite: the revenue … Continue reading
The privilege of wealth is free to everyone through pensions!
The headline in today’s FT reminds me that I will be seeing Toby Nangle speak again at lunchtime. Toby now writes for the FT and he understands better than anyone (but Ludovic Phallipou ) what a waste of money most … Continue reading
Posted in pensions
Tagged Pension Managers, Pensions, Private Equity, toby nangle, Wealth
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Whinges from the healthy, whinges from the wealthy.
The surge in short and medium term gilt rates illustrated here are clearly linked to the budget, the market does not like fiscal loosening and despite £40bn of tax-cuts , this was a tax and spend budget. For a fuller … Continue reading
Wealth – slave of the wise – master of the fool
I would like to keep up with the various posts of Arun Muralidhar but they are as cantankerous as the blogs of Montaigne and impenetrable as the Maxims of La Rochefoucauld. I can amuse myself and hopefully you , … Continue reading
Time to stop kidding ourselves about wealth
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
A stealthy wealth tax – outed by LCP
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
The curse of wealth (and the pleasure from income)
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 curse, curse of wealth, financial planning, Wealth, wealth management
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