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Government plans reform of pension income rules

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Comments

  • rpc
    rpc Posts: 2,353 Forumite
    Oops, sorry about that clear !!!!-up, them soap boxes sure are slippery fellas

    You'll probably find a high horse to be a far more stable place to preach from :D
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    gadgetmind wrote: »
    Leaving the capital plus growth to be taxed at 55% when you die. No thanks.

    For you, perhaps. For many people it'll generate income for their widows, taxed at 20%.
    Free the dunston one next time too.
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    kidmugsy wrote: »
    For you, perhaps. For many people it'll generate income for their widows, taxed at 20%.

    And after that?

    It's also inefficient to not model for any degree of gradual capital depletion.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    gadgetmind wrote: »
    And after that?

    Oh she'll probably convert to an annuity when rates have picked up.
    Free the dunston one next time too.
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