Starmer's vision quest

[CXRAndy]

Well they can only contribute £60,000 pa and that reduces over a certain level of earnings down to £10,000 pa. So it's unlikely to be your really high earners, more your sub £120k pa earners.

Extremely wealthy dont bother with pensions once limits are reached or their wealth transcends the point of a pension when other investments give higher returns with far more flexibility.

 

[Pross]

February growth (pre Trump’s war) was better than expected at 0.5% and January was marginally better than first thought 0.1% rather than 0%. Obviously the impact of the Middle East will take effect in the next figures.

 

[CXRAndy]

Concentrate on the working people


View: https://x.com/i/status/2044165770758820275

 

[TailWindHome]

'Do more for working people!'
'Put their wages up?'
'No, Anything but that!'

 

[Dorset Boy]

Extremely wealthy dont bother with pensions once limits are reached or their wealth transcends the point of a pension when other investments give higher returns with far more flexibility.

So have you just contradicted your previous statement about high earners

 

[CXRAndy]

Difference on earnings between high earners and extremely high earners.

If you're currently paying into a pension you're either on a fair wage to high.

 

[AndyRM]

Lol at that Twitter post. The dude said none of that, the presenter did what they always do on those kind of on street interviews and you can't see the look on his face.

Try harder Liz.

 

[TailWindHome]

Difference on earnings between high earners and extremely high earners.

If you're currently paying into a pension you're either on a fair wage to high.

What did Reeves do that made 'high earners' - lets say c£100k - put more money into their pension?

 

[CXRAndy]

RFA didn't make it attractive to pay a little bit more income tax rather than the rich swerving money into their pensions.

Don't forget the top earners pay the vast amount of tax revenue. Piss them off and the impact is significant to the coffers.

 

[TailWindHome]

RFA didn't make it attractive to pay a little bit more income tax rather than the rich swerving money into their pensions.

We're back to the 'rich' now.

What was the change to income tax you think made these earners put more into their pension?

 

[Dorset Boy]

Difference on earnings between high earners and extremely high earners.

If you're currently paying into a pension you're either on a fair wage to high.

Clearly you are unaware of the huge success of workplace pensions, which even low earners pay into...

 

[AndyRM]

Clearly you are unaware of the huge success of workplace pensions, which even low earners pay into...

I was thinking the same. I'm on minimum wage and contribute 3% of my pro-rata salary, the contributes a further 6%.

 

[TailWindHome]

This argument over defence expenditure is a tremendous opportunity to end the triple lock

 

[Psamathe]

This argument over defence expenditure is a tremendous opportunity to end the triple lock

And/or investigate the massive increased number claiming sickness benefit, way out of line with comparable European countries.

 

[Dorset Boy]

And/or investigate the massive increased number claiming sickness benefit, way out of line with comparable European countries.

And stop the public sector platinium plated pension schemes, moving them all over to money purchase schemes like the rest of us.