• PENSIONSANDSAVINGS.COM

    From Ros Altmann:economist and pensions,
    investment and retirement policy expert

  • pensionsandsavings.com

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    Tag: savings

    Budget ISA moves – ISA savings for care

    Budget ISA moves – ISA savings for care

    21 March 2014 Nicer ISA savings – what could be NISA! And how about a Care ISA? As the dust starts to settle a little following the sudden Budget improvements to Individual Savings Accounts (ISA) rules, I thought it might be helpful to note down some more thoughts.  Wouldn’t it be great if the new found freedoms could be used to help fund social care. An ISA tax free savings account, designated to pay for care costs, could help with the…

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    A wake-up call to embrace benefits of saving and working longer

    A wake-up call to embrace benefits of saving and working longer

    17 December 2013 IFS study is a wake-up call to embrace benefits of saving and working longer Headlines of younger generations being much worse off than previous generations are too negative IFS shows younger cohorts were much better off earlier in their lives but spent rather than saved – as economy picks up they can rethink their lives IFS report shows lower incomes for younger generations partly result from failure to save:  Today’s IFS report has led to dire warnings that…

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    Well done Mr. Carney ….

    Well done Mr. Carney ….

    28 November 2013 … for focussing Funding for Lending on business loans – which is what it should always have done. At long last some relief in sight for savers? The Bank of England’s announcement today that the Funding for Lending scheme will only be available for business lending, not mortgage lending, is fantastic news. At long last, there seems to be a recognition that there are real dangers of a housing bubble based on unsustainably cheap mortgages and that…

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    Care crisis demands urgent action – savings incentives would help families prepare

    Care crisis demands urgent action – savings incentives would help families prepare

    Yet another report highlighting the scale of the social care crisis.  The research by NFU Mutual shows that older generations are increasingly facing crippling care costs in later life that they have not prepared for.  Families are finding that their lifetime savings are at risk if they become ill in the wrong way.  Those who have cancer or other illnesses that qualify for NHS treatment will have all their care covered by taxpayers.  Those unlucky enough to develop dementia or…

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    If Savers are all doomed, so are the rest of us in the end

    If Savers are all doomed, so are the rest of us in the end

    August 18, 2013 at 7:27 pm I have just read a blog which once again suggests that those who save cannot expect returns because times are tough and everyone should expect to do badly at the moment.  The blog discusses its views on ‘Why @SaveourSavers are doomed’.  You can read it here: http://leftoutside.wordpress.com/2013/08/18/why-saveoursavers-are-doomed/ This is my response: Demands for higher interest rates are not necessarily demands for transfers from people in the future to people in the present. Indeed demands…

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    Savers – sacred cows or sacrificial lambs?

    Savers – sacred cows or sacrificial lambs?

    I have been engaged in a lengthy twitter engagement with @IzaKaminska and we have agreed to disagree.  Her first post on our debate was entitled ‘Savers are not sacred cows’ and can be found here http://dizzynomics.wordpress.com/2013/08/12/savers-are-not-sacred-cows-redux/. I feel her arguments and those of others with similar views, are important to air.  I fundamentally disagree with their analysis, but I may of course be wrong.  They contend that we are actually in a deflation and there is not really any inflation…

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