Tax on Savings to rise?

SnowMan

talexuser wrote: »

After the government mailshot that assured us the data was to be used for "cuddly" research purposes it turns out last year "hospital data has previously been sold to a society of actuaries which provided advice to insurance companies about how to “refine” their premiums."

For balance the actuaries take on it is as follows:-

http://www.actuarialpost.co.uk/article/daily-telegraph-inaccurately-represented-ifoa-research-5960.htm

In a front page story in the Daily Telegraph today it was alleged that NHS data has been sold to insurers, quoting SIAS as a ‘major organisation for UK insurers’; this is not the case. It also stated that the research recommended an increase in critical illness insurance premiums for individuals under 50 years; this is also not the case.

The research used anonymised data from the NHS that was available to organisations looking to further critical illness research. Individuals cannot be recognised from this data. The source data for this research was not made available by us to our membership or to other organisations

Milarky

ColdIron wrote: »

The only realistic solution is to reduce its value rather than its amount

Allow me to introduce debt's glamorous assistants - inflation and devaluation

That's your all-in-one 'Earnings(&Savings) Tax' right there!