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David Robbins Profile picture
David Robbins
@David_J_Robbins
First 3,000 tweets were all about pensions; here, past performance may be a guide to the future. Work for WTW. Views/mistakes are mine.
Jan 25, 2020 • 11 tweets • 10 min read
1/X) Today's @TimesMoney has pieces from @JohnRalfe1 & @PensionsMonkey, with conflicting proposals to change pensions taxation.

I don't like either proposal, but John's (flat rate relief) has been discussed a lot, so let's concentrate on Tom's. @TimesMoney @JohnRalfe1 @PensionsMonkey 2/X) @pensionsmonkey says that, as now, 75% of withdrawals would be taxable. There would be no upfront relief on contributions to workplace schemes because a 1:1 employer match provides sufficient incentive. Govt would match contributions to non-workplace schemes.
Sep 3, 2019 • 18 tweets • 9 min read
1/X) Tomorrow, Government & UK statistics Authority respond to @LordsEconCom report on RPI. A quick thread... @LordsEconCom 2/X) The Committee believes law requires UKSA “to attempt to fix the issue with clothing prices”. This change would have to be approved by the Chancellor.
Jun 3, 2019 • 9 tweets • 3 min read
1/9) Despite his four ovens, @jbrokenshire’s proposal looks half-baked. Most obviously, letting 1st time buyers raid pensions for deposits bids up prices to the extent that supply is fixed & the buyers would be buying anyway. 2/9) This transfers wealth from 1st-time buyers to existing owners. Like other demand-push policies, it worsens the relative position of people it purports to help.