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Think-tank brands income tax changes ‘misguided’ and ‘regressive’

Chancellor George Osborne’s moves to increase the tax-free personal allowance and raise the higher rate threshold have been condemned by the Resolution Foundation. Osborne announced the personal allowance would reach £11,500 as part of a pledge to reach £12,500 by the end of the Parliament, while the 40p tax threshold would move from £42,385 to […]

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FAMR wants pension dashboard by 2019

The Treasury must lead the drive towards a pension dashboard by a 2019 deadline, the Financial Advice Market Review says. The FAMR, published today by the FCA and the Treasury, says the Treasury should challenge the industry to make a pensions dashboard available to consumers within three years. The move follows comments from pensions minister […]

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Robert Reid: Lifetime Isa could torpedo auto-enrolment

Growing up, I enjoyed a varied diet thanks to a collection of aunts’ home cooking. One thing all the dishes had in common was their simplicity, which allowed those recipes to be handed down the generations. When trying to engage people you should avoid messages that are too complicated. It is even more important to […]

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Andrew Tully: Is Osborne sneaking pension Isa in by the back door?

Many in the industry will have sighed in relief a week or so ago when briefings confirmed there would be no changes to pension tax relief. However that may have been premature. Despite the Chancellor saying during his Budget speech that moving to a new system is not on the agenda as there is no […]

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