Author Archives: Gareth Morgan

This blog is moving.

To make better use of the WordPress facities and to have an easier address to remember, I’ve moved this blog to https://benefitsinthefuture.com/ This blog will stay ‘as is’ but future posts will be made at the new site.

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Universal Credit and patterns of earning

Universal Credit is a simpler benefit than the complicated six benefits that it replaces; says the government. It is understood more easily because it matches the way in which most people in work get paid – monthly. Of course not … Continue reading

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Income certainty and low pension savings

There is concern, increasingly voiced, by a number of well-informed commentators, about some of the consequences of the pension freedoms. The complexity of choices, the lack of knowledge of most pension savers and the actions of some advisers, particularly around … Continue reading

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Notional income from pension pots

Before the pension freedoms of April 2015, the practical reality, for most people with pension savings, was that they had to take an annuity. For those with benefits entitlements that was often a pretty poor bargain. The annuity was taken … Continue reading

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Tax Credit cuts bad – Universal Credit cuts worse!

Tax credits are very much in the news at the moment, not least because of the powerful appearance on BBC Question Time of Michelle Dorrell with her concern about the personal impact of these cuts. I have recently completed a … Continue reading

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Mortgage interest changes – finally on their way

I wrote some time ago, over 3 ½ years in fact, about the consultation and call for evidence that had been published by the government announcing their policy intentions for support for mortgage interest in means tested benefits – http://blog.cix.co.uk/gmorgan/2012/01/06/mortgage-interest-support-consultation/. … Continue reading

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Pension Wise will make people Pound Foolish

There are big changes coming in April to the way in which people, from age 55, can access their ‘money purchase’, or ‘defined contribution’ pension savings.  These are pensions where the amount you get is decided by the amount that … Continue reading

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Why the referendum has killed Universal Credit

It now seems that Scotland will get control of at least some of, what are now, national benefits. In particular it seems that Housing Benefit will be devolved to Edinburgh. According to the BBC, on the morning of the result, … Continue reading

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A lower threshold for automatic enrolment in a workplace pension scheme

The Shadow Secretary of State for Work and Pensions, Rachel Reeves, announced last week that the Labour party was looking to move to lower the earnings threshold for automatic enrolment in a workplace pension scheme from its current level of … Continue reading

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Benefit Cuts – £18 Billion, £25 Billion or more?

The two sets of announcements about benefit cuts, and increases, that were made in the Emergency Budget (June 2010 in the tables) and Comprehensive Spending Review of 2010 (SR 2010) became a headline figure of £18 billion a year in … Continue reading

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