This seems like a pretty blatant to push to sell annuities. There was only a minor discussion of inflation, no discussion of real return, and no discussion of risk of the company going belly up. I would also have liked to see some discussion of do it yourself annuities which is the direction I am going toward in retirement.
The BBC case. Can someone give cash to a stranger with no tax implications? That's what the HMRC website seems to say. Only tax paid on any interest it generates. Why does anyone pass CGT able assets when cash has zero tax?
This seems like a pretty blatant to push to sell annuities. There was only a minor discussion of inflation, no discussion of real return, and no discussion of risk of the company going belly up. I would also have liked to see some discussion of do it yourself annuities which is the direction I am going toward in retirement.
The BBC case. Can someone give cash to a stranger with no tax implications? That's what the HMRC website seems to say. Only tax paid on any interest it generates. Why does anyone pass CGT able assets when cash has zero tax?