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About Pádraig Floyd

I write about money, how we can grow it and ultimately hold on to it throughout the ever extending journey of life.

Fitch warns of risk to UK’s AAA credit rating – BBC News

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BBC News
Fitch warns of risk to UK’s AAA credit rating
BBC News
The UK continues to risk losing its top AAA credit rating if it does not reduce its debt, a senior figure at Fitch Ratings has told the BBC.

See on www.bbc.co.uk

CalPERS gains more than 13% in investment returns in 2012 – Los Angeles Times

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Bloomberg
CalPERS gains more than 13% in investment returns in 2012
Los Angeles Times
California’s massive public employee pension system gained more than 13% in investment returns last year, most of it from stocks and real estate, the agency said.

See on www.latimes.com

Goldman May Delay UK Bonuses Until Top Tax Rate Falls

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Goldman Sachs is considering delaying bonus payments in the U.K. until after the top rate of income tax in the UK drops to 45 percent from 50.

Pádraig Floyd‘s insight:

Nice to see Goldmans remains focused on the most important things like governance and servicing its clients… 

See on www.cnbc.com

Beware financial adviser ‘Ferrari’ salesmen: Guest comment

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A shake-up in financial advice begins next week aimed at protecting consumers but some advisers question if it’ll work

See on www.moneysavingexpert.com

Pensioners are about to be robbed yet again – Telegraph

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The Chancellor is poised to alter the way inflation is calculated and interest paid, says Philip Johnston.

See on www.telegraph.co.uk

Tribunal rejects HMRC appeal over life insurance tax dodge – FTAdviser.com

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Revenue failed to assess cases of three individuals despite investigating all other members in the same scheme.

Pádraig Floyd‘s insight:

I see HMRC is going to get tough in 2013 if this kind of thing is going to happen to it… 

See on www.ftadviser.com