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Yes, it is wrong. Regalar people are allowed to put money in SIPP's that can have their IHT relief or anything changed at the whim of the government but actualy
by nobodywillobsrv 2y ago
Yes, it is wrong. Regalar people are allowed to put money in SIPP's that can have their IHT relief or anything changed at the whim of the government but actualy regulated companies are a no-no. The UK is going down hill fast.
What we really need is exposure limits. Most trading platforms and even pensions ask you all kind of questions about income and wealth. There is no reason we can't simply have simple rules around percent of wealth invested in higher risk stuff. It would at least be better than literally instituting a class system and making things inaccessible to a large percentage of people.