Usually you vote for change or you vote for the status quo, says Merryn Somerset Webb. But this time it’s different – that could be dangerous for Britain.
For years home buyers took out big mortgages knowing inflation will ease the burden of repayment. That no longer makes quite the same sense, says Merryn Somerset Webb.
Fritter away your pension and the government is determined the welfare state won’t bail you out, says Merryn Somerset Webb. There are, however, a few loopholes.
The latest Social Attitudes Survey shows that Scots think the same as the rest of the UK about pretty much everything, says Merryn Somerset Webb.
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.