“Pension minister reveals plans for 2018”

Dec 22, 2017 | Pensions

A little Christmas present from our new pensions minister, who, refreshingly I’m sure, comes to the post with no pensions experience. His manifesto includes auto-enrolment for the self-employed; a new financial guidance body for us to fund, following the success of the Money Advice Service (disbanded because it cost a fortune and no-one used it); an online ‘pension dashboard’ for us all not to use and a sort-out of final salary pensions, apparently generally OK  with some ‘individual difficulties’ (like most of them being severely under-funded). Happy New Year.

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“Advisers should not fear being replaced by AI”

“Advisers should not fear being replaced by AI”

Until I read this, I hadn’t worried that I or any of my ilk might be replaced by robots, or AI at least, which to many a mind is the same thing. I remember Hal the computer in 2001, and of course the Daleks, although I think they’d be more likely to exterminate than advise.

“Budget rumblings: Is Labour really going to axe pensions tax relief?”

“Budget rumblings: Is Labour really going to axe pensions tax relief?”

‘What will happen in The Budget?’ (never sure whether to capitalise, answers on a postcard, please) is still the hot topic at every meeting and on every call. As discussed, seemingly endlessly here, will it be CGT or IHT, will they have to courage to bump up income tax and, perhaps more importantly to many, what about pensions?

“Pension undersaving is ‘ticking time bomb'”

“Pension undersaving is ‘ticking time bomb'”

I’ve had several emails within days of the Labour Landslide, from clients worried about their tax-free cash, tax relief on pension contributions or IHT and what will or won’t be paid out from their pensions on death.