Social entrepreneur and millionaire Kevin Green gives reaction to Budget
Social entrepreneur and millionaire Kevin Green has given his reaction to Chancellor George Osborne's Budget - I am very glad and that I invested my monthly pension contribution into a house rather than a pension. I am not paying intermediaries massive fees - and cutting out the middle-man means that my family are much more financially secure. The other question I would ask regarding the pension changes is: why would you pull money out of a pension and then get slapped with income tax? I also wonder why people bother locking money up in ISAs, when they may be better off shopping around for a high interest account which can achieve the same thing, if not better. I sometimes wonder with ‘vehicles’ such as the ISA, who really benefits? The customer or the introducer? I think I know the answer to that one! There’s a good plus point in the Budget with the Home Equity scheme being extended. It shows evidence that the Government wants to kick-start the economy. The extension of t...