The budget today so......

We don't smoke, drink much or gamble and we share one small car, so we'll probably not be much affected personally. Help with childcare costs is what most young working folk need I think; that would certainly help my daughter.

I often wish that I smoked, so that I could give it up and save some money

Experigran

not a lot for the 'older generation' so far
personal allowance for over 65s now same as the rest - fair enough but still too low
tax free savings limit increased - would be good for savers if the interest on ISAs was a little bit more

oops - just realised I am eligible for the 'granny bond' shame I don't have £10000 going spare

All very well telling us we are free to draw down from our pension pots as we please, but thanks to the Tories how much of a pension pot do we actually have to draw down on?

Fact - we pensioners and savers have paid for such handouts as have come out of the budget, whilst the rich - bankers especially - continue to do very nicely. Disgraceful! Enjoyed Ed M's lively response + Deputy Speakers pointed interjections.

There was me thinking it was Gordon Brown who devastated and plundered our pension pots! Silly me. It was, apparently, the big bad Tory 'rich boys'. And, of course the banking crisis has been re-written to have happened on the Conservative watch, not under 'rich boy' Labourites.

It is really not worth the hassle of joining in a political duscussion on GN.

Discussion. Although duscussion has a ring to it.

It will be interesting how this pans out? In principle am keen on the idea of being more in control of my pension. But it does also give us an added layer of responsibility doesn't it? (If I've understood correctly!) Not that I'm planning on blowing it all in vegas but you'd have to be quite careful how it was invested once you do draw your pension, paltry as it may be. Did laugh about the isa though. As if my sons and their families have a spare 15k floating around to invest - pah!

MollieIt's up to ten thousand in the new pensioners' bond.

Too late for our pensions, we have already bought annuities. I like the idea of the pensioners' bond as we have been losing out on our savings for years now.

I am concerned that some will just simply go on a spending spree when they can draw what they like from their pension. Will they then get a top up from the welfare budget?

rose do you think if the Labour Party get in next year they will claim that they are responsible for the figures forecast for 2018-19? Will it still be the bankers who are blamed for everything that goes wrong including the rain?

Have to consult my financial adviser.

Does this pay to draw out of my iISA to buy a grannie bond?

Nonnie

My financial adviser is me

I should think so Galen but we need to wait and find out what the tax situation on the granny bond is. I think it is still likely to be a better bet but then of course you won't have the money in an ISA in years to come if rates go up.

And the better rates apply if you invest for 3 years I think.

I thought it was a good budget statement.

Is the pensioner bond going to be taxable? Would think so. You need to take that into consideration when deciding Galen. And at the end of the three years you would be restricted to that year's allowance to go back into isa-land.

It's still not a patch on the Index linked, national savings certificates which were tax free. Unfortunately they became a victim of their own popularity and were withdrawn.

Yes. And they haven't issued a new Children's bond for ages.

I'm lucky with my lifestyle if I have a couple of thousand to go into an Ida, and then my Pfa tells me to put into my sip. I still don't understand any of it. I'd rather spend it anyway.
Cunard here I come!
Just worked out, the world cruise I'd love to do in princess grills on cunard would be a mere £60000.
Anybody know what Brightons like these days?