Over half of 15-35 year olds say they would start a pension if they could buy a house with it. Which is entirely missing the point of pensions, says Merryn Somerset Webb.
Traditionally, pension pots have been protected should you go bankrupt. But that could all change when new rules come in to force in April.
Those lucky enough to be “asset-rich and cash-poor” might be better off selling up and using the money to fund their retirement, says Merryn Somerset Webb.
The lifetime allowance on pension pots isn’t fair. It massively favours people on defined benefits pensions, and penalises those in defined contributions schemes.
We need to persuade old people to downsize, and free up family homes for younger people. But the Tories’ latest inheritance tax plan will do exactly the opposite, says Merryn Somerset Webb.
A new online bank account lets you hold 24 different currencies. Ideal if you think you should be holding some euros, says Merryn Somerset Webb.
A loophole in the new pensions legislations might just mean you could put your feet up in the sun while enjoying all the money in your pension free of tax.
‘Empty-nest’ retirees have been blamed for contributing to Britain’s housing shortage, says Merryn Somerset Webb. But the new pensions rules may fix that.
The hotel industry is catching on to the growing financial might of China’s middle class, says Merryn Somerset Webb.
First-time buyers have nothing to fear from pensioners, says Merryn Somerset Webb – despite what some vested-interests say.
We don’t have a housing shortage in the UK, we just don’t have enough of the right houses in the right places, says Merryn somerset Webb.
Pensioners are getting a pretty good deal out of the rest of us, says Merryn Somerset Webb. It may be time to cut back a bit.
Wages are rising, and not because of high inflation. Companies are volunteering to pay their staff more. That’s exactly the way economies are supposed to work, says Merryn Somerset Webb
It’s not that companies don’t want to pay their employees more, says Merryn Somerset Webb. They’re too busy plugging holes in their pension schemes.
Vested interests are keeping pension fund managers from acting in the best interests of their members, says Merryn Somerset Webb.