Tag: guaranteed income

Americans are apprehensive about a future in which machines take on more of the work now done by humans, and most are supportive of policies aimed at cushioning the economic impact of widespread automation, according to a new Pew Research Center survey . The vast majority of Americans (85%) say they would support restricting workforce automation to jobs that are dangerous or unhealthy for humans to do, including 47% who support the idea strongly, according to the survey, conducted May 1-15 among 4,135 U.S. adults. A smaller majority (62%) would favor giving consumers the option to pay extra to […]

Full Post at www.pewresearch.org

For many retirement savers, the tax-free lump sum available from the age of 55 years old is the main attraction of a pension.

That major cash boost is set as a payment of 25% of a pension fund.

For direct contribution pensions, such as a self-invested personal pension (SIPP) or personal scheme, the money is set as 25% of the fund value.For direct benefit or final salary pensions, the lump sum is calculated as 25% of the value of the first year’s payments times 20.So, for a £20,000 a year annual pension, that’s £20,000 x 20 = £400,000 x 25%, which […]

Full Post at www.iexpats.com

The Financial Conduct Authority is concerned that financial advisers are recommending pension transfers that may not be in the individual’s best interest.

As part of a review of defined benefit pension transfers, the regulator has found that recommendations to transfer were inappropriate in more than half of the cases it examined.

Over the past 12 months, the FCA says the number of people seeking to transfer out of defined benefit pension schemes – which pay a guaranteed income for life related to salary – has soared.Scheme members are being drawn by high transfer values and the ability to spend their cashed […]

Full Post at www.moneywise.co.uk

During the heyday of the Roman Empire, its rulers sought to keep the inhabitants of its capital city from engaging in an insurrection. The emperors did not want to be overthrown by a mob of proletarians. And so, they sought to keep the lower classes distracted.

The method used was “bread and circuses.” Gladiators, who sometimes fought to the death, riveted the attention of the poor in the Coliseum. Charioteers, who often threw caution to the wind, similarly elicited raucous cheers in the Hippodrome. This fun was free. So were the many holidays where work could be set aside.

Nor was […]

Full Post at www.tribuneledgernews.com

Liam Codd is a third-generation farmer from Co. Wexford. A few years back, he decided to diversify his dairy farm by planting 80ac of forestry .

After contacting a number of forestry companies to discuss his proposal, he met with Tom O’Dwyer, south-east regional manager of Veon.

Following this meeting, the Wexford-based farmer decided to choose Veon to apply to the Forest Service for planting permission and to then plant his land. Tom O’Dwyer and Liam Codd “What attracted me to forestry was the certainty of the tax-free premia income, which balances the unpredictability of income from dairy activities.“The premia are […]

Full Post at www.agriland.ie

(David Carillet/Dreamstime) Celebrities promote socialism in public while privately fleeing to tax havens, leaving the cost of paying for it all to the rest of us. As Leona Helmsley famously declared, "Only little people pay taxes."

Celebrities publicly argue for free healthcare, food, housing, education, entertainment, iPhones, guaranteed income, four day work weeks and all of this, not only for U.S. citizens, but for anyone who can get to America, legal or illegal. Indeed, some are promoting the idea that these are "rights."

During the 2016 campaign we learned that Hillary Clinton had privately told audiences that she wished the Western […]

Full Post at www.newsmax.com

In their latest survey report, ReportLinker found that a quarter of those working full-time would consider leaving their secure jobs to become a freelancer or a contracted worker

Given the choice, would you prefer freedom or security when it comes to your career? Would you like to have a guaranteed paycheck, for a guaranteed amount, health insurance, and a pension with the deal being that you have to show up on time to work in an office when someone else tells you and accept having strictly limited personal or family time except on weekends? Or, instead, would you exchange […]

Full Post at www.talkingnewmedia.com

Gaming is no longer just a hobby linked with violence, stupidity and laziness. For many, video games are now a full-time job.

Goldman Sachs valued the eSports industry at $500m in 2016 and expects it to reach a $1bn valuation by 2020. Timeline for Gaming

September 19, 2017 This rapid rise has made many top gamers very, very rich.It was a big deal when professional rugby player Dan Carter became the first player to negotiate an annual wage of more than £1m earlier this year. In comparison, Dota 2 gamer Kuro Takhasomi earned $2.2m by placing first in a single […]

Full Post at www.verdict.co.uk