Tag Archives: Wealth
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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Could a wealth tax fix our broken economy?
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
A progressive way to talk about pensions
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
The nations wealth is in pensions but not in DC pots
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
Posted in advice gap, age wage, pensions
Tagged assets, DB pensions, ONS, pensions, Resolution foundation, state pension, Wealth
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