View more on these topics

Jory wants 30% relief for all

B&CE deputy chief executive John Jory has called on the Government to bring in 30 per cent flat rate-tax relief on pensions and raise state pension age to 80.

At a fringe event hosted by B&CE and the Social Market Foundation, Jory said it should be individuals’ responsibility to provide their own income until 75 or 80, which would allow the state pension to offer a much higher income.

He said a flat rate of tax relief of 30 per cent for all levels of income would encourage low to moderate-earners to save. He called for an independent pensions commission to focus on long-term strategy, similar to the monetary policy committee.

Jory said: “We would not have open-ended annuities, we would know we had to provide for ourselves until a specific age and then the state would kick in.”


Jumbo error

How does an elephant get in the room in the first place? Whenever I hear that phrase, my elephant is in a sitting room with human-sized doors.

Neptune launches Japan Institutional Fund

By Chris Taylor, Investment Director, Head of Research Neptune is excited to announce the launch of the Japan Institutional Fund on 22 June, having disclosed to the market in March its intention to offer the product. The Fund will be managed by the highly-regarded Chris Taylor, Head of Research and manager of the long-running Japan Opportunities Fund. It will invest in the same underlying stocks as the Japan […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment