David Hearne, CFP™
@dontdelay
Certified Financial Planner. Independent Financial Adviser. Specialising in Retirement Planning, Investment Management and Estate Planning. Posts are not advice
I am a qualified, regulated and practicing financial planner. You can find me... On @TheFCA register register.fca.org.uk/s/individual?i… The @CISI members directory cisi.org/cisiweb2/cisi-… And the @pfsconf members directory thepfs.org/membership/mem…
Labour are reviewing the state pension age because the Tories ducked the decision and postponed it until after the election (they knew they’d lose) Guess this is the reaction they were hoping for
If you are shocked at the government is now “reviewing” the state pension age… you didn’t really think they’d stop a disability benefits did you? Once you open the door, they come after the entire welfare system.
Thinking a wealth tax is the solution to all our woes
What's a modern trend that people will regret in 10 years
Question on new homes If a property developer buys some land, designs some properties, applies for planning permission, (applies again), then builds them, and sells them. Is that the government 'delivering' new homes?
Labour promised 1.5 million new homes. The truth? They’re miles off. The OBR says Labour will fail, like they always do. The last Conservative government delivered 2.5 million. And we’ll keep going. Homes where they’re needed, countryside protected, British families first.
Disneyland after selling someone 2 corn dogs, 3 Diet Cokes, a misting fan and plastic Mickey Mouse ears for $187
I am so impressed by @grok But how about we design a tax system that doesn't need us to resort to AI to understand it.
The 60% effective IHT rate applies to estates between £2m and £2.7m (for couples) due to the residence nil-rate band (RNRB) taper. RNRB (£175k/person) reduces by £1 for every £2 over £2m. For a £2 increase: Pay 40% IHT on £2 (£0.80) + lose £1 RNRB (extra 40% tax, £0.40) = £1.20…
The triple lock on pensions is the new NHS. No rational arguments are made. All emotion. If you criticise the system, you’re accused of being a genuinely bad person.
Important post here about taxes and behaviour Some say the best taxes are the ones people don't notice, PAYE and VAT are the best/biggest examples of this. It's gone before you even know how much it was. And the ones that don't change behaviour, so that the tax will continue…
Spoke with a business owner client recently who had a potential Inheritance Tax liability of £200,000. With Rachel Reeves proposed changes, that will increase to £3.4 million. He was OK with paying £200k, but will now take steps to reduce it to close to zero with sensible tax…
The new British Jobs for British workers I don’t think they understand how dynamic economies work. Or they do, and they just think we don’t
We must build more homes for British families.
The number of people I’ve seen suggesting state pension is increasing to 74 is so depressing Seems there’s no intention to understand, just solely to out moan each other
Who you going to trust more on effectiveness of a wealth tax? @RichardBurgon Or @DanNeidle ?
There’s a pile of evidence that the wealth tax will hurt growth, jobs and investment. There are many tax reforms that would tax wealth more effectively without these downsides. Please rethink this. taxpolicy.org.uk/2025/07/22/uk-…
When Covid stuck in March 2020 the full rate of the 'new' state pension was... £8,767.20 per annum Today, after 6 years of triple lock increases, it is... £11,973.00 per annum An increase of 37% Anyone else's earnings gone up that much since Covid?
I shared this earlier But, also worth noting the sleight of hand he used Relying on people not understanding big numbers He quoted the ADDITIONAL annual cost of the triple lock (£15 billion) compared to the TOTAL amount spent on universal credit (£40 billion) The total…
It would be wrong to scrap the pensions triple lock to cover the cost of spiralling welfare. Pensioners on fixed incomes shouldn’t pay the price for a broken system.
I want to protect pensioners incomes I want to scrap the triple lock Politicians, these are not conflicting views
The triple lock IS spiralling welfare
It would be wrong to scrap the pensions triple lock to cover the cost of spiralling welfare. Pensioners on fixed incomes shouldn’t pay the price for a broken system.
Proudly showing your 5 star food hygiene rating on your dirty stained fridge unit 🙄
