If you can to up your pension before tomorrow’s Budget, do it, says Merryn Somerset Webb.
The complexity of the comically stupid policy on pensions tax relief means people have given up trying to understand it – and are paying a pile more tax as a result.
When using contactless cards, we tend to spend more per transaction than we would when using cash. That’s something charities have taken note of and are now exploiting, says Merryn Somerset Webb.
Since the financial crisis, the incomes of the poorest fifth of households in the UK has risen by over 13% in real terms and that of the best paid fifth has fallen 3.4%.
A lot of people worry that central banks and governments will ban cash. But they may not need to, says Merryn Somerset Webb. We might just decide to do without it.
Most FTSE 100 companies could clear their pension deficits in under two years if they diverted all dividend payments to their pension funds instead. Should they?
For anyone investing in or building property today, Birmingham is clearly a better place to be doing it than London, says Merryn Somerset Webb.
Alliance is finally doing what it should have been doing for the last 20 years – offering low-cost, high-conviction and well diversified investment for the masses.
The problem in the UK housing market is not a shortage of housing but a surplus of speculation called by very low interest rates. Solve that, says Merryn Somerset Webb, and you solve the “housing crisis”.
The way people buy cars has changed. Most use “personal contract plans” – a form of cheap debt. And that could come back to haunt us, says Merryn Somerset Webb.
The hypothetical deficits in some defined-benefits pension schemes could leave blameless small business owners facing bankruptcy, says Merryn Somerset Webb.
The Bank of England’s monetary policy isn’t working the way it’s supposed to, says Merryn Somerset Webb. The whole thing needs a thorough overhaul.