The 2014 Budget..

[Ginge R]

.. any predictions, wish lists, fears?

In terms of grass roots, belt and braces financial planning alone, please.. no more tinkering with pensions and let's have a Super ISA.

[K12beano]

Ginge R said:

.. any predictions...,

It'll start about 12:30.




Unless you're in a different time zone.

[Ginge R]

And THAT, having just dealt with an ankylosing spondylitis underwriting issue, is the highlight of my day so far!

[LotusMartin]

Sort of the ridiculous stamp duty steps, for example, make it 4% only on the amount over 500k.

He'd get my vote next year.

[Ginge R]

Well, he's off. A budget for savers?

[SGirl]

Can those MPs not behave themselves while the man is speaking, instead of constantly making noises like a bunch of monkeys?!

Honestly. They're like little kids. They're meant to be our elected representatives!

[contractor]

this annoying little st is full of soundbites and snipes. Sod all substance really. All mouth no trousers.

[Ginge R]

Christ, restraints on access to Defined Contribution pensions practically blown away.

[Zigster]

WTF is going on with pensions? I'm a pensions actuary - this has caught us all by surprise.

Some of the reporting seems inconsistent at the moment about flexible drawdown and accessing DC - will get confirmation from my technical department shortly.

[K12beano]

Zigster said:

WTF is going on with pensions?

Annuities are dead? Long live the Pensioners' Bond ?

[RizzoTheRat]

Forget the tax and pensions, £200m to fix potholes.

[K12beano]

.... and not forgetting a whole 1p off

[Mr Hoops]

Legislation will be introduced in Finance Bill 2014 to extend by one year the cut-off date from which
classic vehicles are exempt from VED, and in a future Finance Bill to introduce a
rolling 40-year VED exemption for classic vehicles.

[jogon]

Tobacco up 2% above inflation..

Having not paid any duty on cig's for almost 2 years I feel they are just shooting themselves in the foot with these constant increases.

Do any regular smokers actually buy them in the shops anymore?

[Roger Woods]

Zigster said:

WTF is going on with pensions? I'm a pensions actuary - this has caught us all by surprise.

Some of the reporting seems inconsistent at the moment about flexible drawdown and accessing DC - will get confirmation from my technical department shortly.

This from an actuary - AAHHHHH Pensions are doomed!

[Zigster]

Have you seen some of the share price movements since about 1.30?

HL up quite a bit - fund management presumably getting a boost.
L&G down a lot (they are one of the bigger annuity providers - and who would buy an annuity now?)
Partnership through the floor - they specialise in annuities - a one-product business. Their management must be in a room now cacking themselves wondering how to react.

[Ginge R]

Gruesome. This is Partnership a few minutes ago..

[Roger Woods]

Come on Government give us a bit more to work with, the 'what if' calls have started at my end....

Sod this I'm going home in a few mins!

[Ginge R]

Consultation on "freedom and choice" in pensions opens.

https://www.gov.uk/government/consultations/freedo...

[Roger Woods]

Ginge R said:

Consultation on "freedom and choice" in pensions opens.

https://www.gov.uk/government/consultations/freedo...

That will make for interesting reading later!