Jon Sharp (@Pension_Jon) profile picture

Jon Sharp

@Pension_Jon

Director focussed on providing #pensions advice to business. Yardstick for tall sunflowers. Views my own.

 Northern England
Joined March 2015
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Photo by Jon Sharp (@Pension_Jon)Photo by Jon Sharp (@Pension_Jon)Photo by Jon Sharp (@Pension_Jon)Photo by Jon Sharp (@Pension_Jon)Photo by Jon Sharp (@Pension_Jon)Photo by Jon Sharp (@Pension_Jon)Photo by Jon Sharp (@Pension_Jon)Photo by Jon Sharp (@Pension_Jon)Photo by Jon Sharp (@Pension_Jon)Photo by Jon Sharp (@Pension_Jon)
A move in 10 year yields of 0.07 up and down is not ‘substantial’. That’s about a seventeenth the one day move at the height of the mini-budget crisis.
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He’s just doing this to annoy people with 6 April pension scheme valuations isn’t he!
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Forget gilt yields, a Scheme Actuary just responded to my email with just a thumbs up emoji, the world is surely about to end
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Merry Christmas!
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Call For Fair Tax Treatment for Pension and Investment Fraud Victims - Please Sign the Petition to help stop the financial and mental harm! chng.it/hCdCd7KDQc via @UKChange
Sign the Petition

Sign the Petition

Call For Fair Tax Treatment for Pension and Investment Fraud Victims

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Did people really believe not raise NI ‘on working people’ meant not raise Eers NICs? Seems pretty obvious why a politician would add the second bit.
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This would be a great policy. Improving generational fairness as well as raising revenue in a progressive manner.
Sam Bowman (@s8mb) profile pictureSam Bowman
@s8mb31 May 2024
Important for the Tories to highlight that Torsten wants ISA pots capped at £100k. He’s written a lot about this and (if there’s any justice) will have a lot of influence in the next govt. Seems like the sort of thing the Tories should be questioning Labour on, no?
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Why so short?
Catch Up Bites (@catchupbites) profile pictureCatch Up Bites@catchupbites18 May 2024
This song is going viral on social media. "I'm looking for a man in finance. Trust fund. 6ft5. Blue eyes."
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Nice to see the government now accepting that there's no specific link between NICs payments and public services funding There is barely any connection at all between the amount of NICs paid & the amount of benefits received. & NICs are not hypothecated in any meaninful way...
Chamber UK (@ChamberVoice) profile pictureChamber UK
@ChamberVoice1 May 2024
Referencing the @TheIFS, Sunak defends his aim to scrap National Insurance. 'There's one party that will deliver tax cuts for working Britain, and it's the Conservative Party' #PMQs
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The chancellor is right NICs don’t actually fund state pensions. This is also why they aren’t paid by current workers either!
Sir Jeremy Hunt MP (@Jeremy_Hunt) profile pictureSir Jeremy Hunt MP
@Jeremy_Hunt13 Mar 2024
This is just scaremongering. The value of NICs receipts do not determine the NHS budget or the value of pensions. Those decisions are taken entirely separately. If @RachelReevesMP was so concerned about this issue, presumably the Labour Party will be voting against our tax cuts tonight?
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So I have always been a fan of abolishing employee NIC and surprisingly this suddenly seems to have moved from a technical backwater to a government aspiration. So I thought I would share a couple of thoughts (thread)
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more replies
There are two more minor benefits - firstly if completely abolished it’s a big simplification of the tax code and payroll systems
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Second we can finally kill the idea that the state pension is paid by workers (it is paid by government / taxpayers). This won’t stop the rhetoric but hopefully makes it easier for the politicians to look at policies like redistribution for older people (which actually work!)
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A good video and for pensions people an opportunity to marvel in a masterly misuse of percentages
Liverpool FC (@LFC) profile pictureLiverpool FC
@LFC26 Jan 2024
Watch or read our emotional interview with Jürgen Klopp in full as he discusses today’s news in detail and explains the reasons for his decision.

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Not the PPF’s fault but worth noting that all the work done to allow the PPF levy to be calculated (at the cost of pension schemes) is to cover an aggregate liability of £3.7bn which is totally disproportionate!
Pension Protection Fund (@PPF) profile picturePension Protection Fund@PPF9 Jan 2024
We've just published our latest PPF 7800 index update, giving the latest estimated funding position for all eligible defined benefit schemes - on a section 179 basis. For the full update and data visit: ppf.co.uk/ppf-7800-index
Image from Pension Protection Fund (@PPF)
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Another actuarial valuation.
VeryBritishProblems (@SoVeryBritish) profile pictureVeryBritishProblems
@SoVeryBritish15 Dec 2023
Complete the sentence: I don’t know what the problem is, but the answer is always…
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