“Minister eyes pension shake up to fund house deposits”

Jun 7, 2019 | Pensions

An independent (financial adviser’s) view

Here’s a completely barking idea, if ever I heard one. Most people, especially the young, are saving less than ever. Auto-enrolment pensions have started to improve matters, as those who can’t be bothered to save usually can’t be bothered to un-enrol. Now one of this week’s ministers is suggesting pensions be accessed and used for first time-buyers’ deposits! So what do they do for a pension? Sell their houses? And live, where, exactly…?

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“Rachel Reeves may be forced to raise taxes”

“Rachel Reeves may be forced to raise taxes”

Why did she/they (in the old sense) think that tinkering around with IHT and CGT would be enough to sort out the NHS; and the potholes; and…and the list goes on. My guess is  that they asked the Treasury for a list of anything not involving income tax that they could get away with lightly, although they should already have learned from the winter fuel stuff that all publicity is not good publicity.