by Tony Byrne | Aug 5, 2020 | Tony Byrne's View
When pensions simplification was introduced on A Day on 6 April 2006 by the Labour Party I was very cynical that this was just a ploy by the government to increase taxation on pensions and to increase complexity. I know this sounds like Yes Minister but sadly my...
by Tony Byrne | Jul 29, 2020 | Tony Byrne's View
In April 2017 a new additional Inheritance Tax, IHT, free allowance was introduced known as the Residence Nil Rate Band or RNRB for short. For those that meet the criteria, this allowance is in addition to the main one which is known as the Nil Rate Band, NRB. ...
by Tony Byrne | Jul 23, 2020 | Tony Byrne's View
Oscar Wilde once said “It is better to have a permanent income than to be fascinating.” It’s difficult to disagree with him. Of course, the security of a guaranteed income does give you peace of mind. The problem is that it comes at a great cost like everything else...
by Tony Byrne | Jul 15, 2020 | Tony Byrne's View
A Bill was recently passed on 17 June in the House of Commons which will result in divorcing couples no longer having to blame each other for the breakdown of their marriage. Currently, one spouse has to make accusations about the other’s conduct, such as...
by Tony Byrne | Jul 8, 2020 | Tony Byrne's View
Debt-to-GDP levels around the world have been rising for two generations. In a December 2018 report, Ray Dalio commented, “It appears to me that we are in the late stages of both the short-term and the long-term debt cycles.” What are the investment...
by Tony Byrne | Jul 3, 2020 | Tony Byrne's View
The Financial Conduct Authority, FCA, has recently announced a raft of new rules for advisers in respect of final salary pensions advice which will take effect from 1 October this year. Whilst these new rules will not directly affect individuals they will have an...
